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covid-19 did not affect the attractiveness of Morocco

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June 29, 2020 – 7:30 am – Economy

Morocco continues to attract investors despite the health crisis linked to the coronavirus. Evidenced by the overall volume of investment.

During the 78th Interministerial Commission for Investments (CI), 45 draft conventions and amendments were approved for an overall volume of investment of 23.38 billion DH, reports The Economist. It is planned to create 3,194 direct forecast jobs and 5,406 indirect jobs.

“The investigated investment files have been maintained by the project leaders as a whole,” says Hicham Boudraâ, acting director general of the Moroccan Agency for Investment and Export Development (AMDIE). On the occasion, he presented on behalf of the Minister of Industry, the breakdown of investments approved by the Interministerial Committee on Investments, by sector and by region.

He assured that “Morocco continues on its path of logical business growth”. With this overall volume of investment (23.38 billion DH), Hicham Boudraâ believes that the kingdom is positioning itself as a real business platform.

“There is a real interest and a motivation of the investors as for the continuation of the deployment of their investments in the country. Besides, no investor has reviewed its commitments vis-à-vis the projects studied at the CI. on the contrary, all projects are maintained according to pre-established completion deadlines, “he added.

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