To strengthen the economic and trade relations between Morocco and Luxembourg, the opening of a representative office called the Luxembourg Trade and Investment Office (LTIO) is planned in Casablanca. This announcement was made by the Luxembourg government this week.
Creating an Investment Fund to revive investment, this is what the tourism sector’s program contract plans. At the forefront, consolidation and innovation projects.
Spanish investors are preparing to seize the opportunities offered by the Moroccan market. This is thanks to the recent decision by the government to ease the conditions for foreign professionals to access the national territory.
As part of the "Relance TPE" and "Damane Relance" mechanisms, 22.4 billion dirhams in guaranteed loans have been granted to 15,183 companies. The objective of these two mechanisms is to enable Very Small Enterprises and Large Enterprises to finance the gradual return to normal activity in Morocco.
The MAScIR research and development center has invested 20 million dirhams to equip the Moldiag startup with laboratory equipment that will allow it to produce one million or more diagnostic kits per month. Nawal Chraibi, CEO of MAScIR, talks about it.
Morocco will soon have three new industrial parks. Located in Had Soualem, Bouznika and Sahel Lakhyayta, they will be financed by the Millennium Challenge Corporation (MCC).
Morocco ranks seventh in the Arab world in terms of investment in US Treasury bonds, thus surpassing Algeria (10th).
The business continuity plan, initiated in early March last year by the Communal Equipment Fund, has enabled it to achieve excellent performance during the coronavirus pandemic. The Fund has succeeded during this period in providing the necessary financing to local authorities on time.
Despite the health crisis in Morocco , the hazardous waste market is booming, prompting many companies to invest in it.
The execution of the budgets of local authorities shows a surplus of 3.7 billion dirhams (MMDH) in the first half of 2020 compared to 6.3 MMDH in the same period in 2019. The General Treasury of the Kingdom (TGR) published this in its monthly bulletin of local finance statistics for June 2020.
The celebration of the national migrant day was an opportunity for the Fez -Meknès wilaya and the Regional Investment Center (CRI) to call on Moroccans residing abroad (MREs) to invest in the region.
The net flow of foreign direct investment (FDI) in Morocco fell by 7.2% and stood at around 8.34 billion dirhams (MMDH) at the end of June 2020, according to the Foreign Exchange Office. This is also the case for remittances from Moroccans living abroad .