Morocco… Investments are expected to increase three times

Morocco expects investments in the industrial sector to triple to more than 100 billion dirhams (about 9.88 billion dollars) in 2026, according to Riad Mazour, Minister of Industry and Trade, in a statement to Al-Sharq, who expected the sector’s revenues to rise to one trillion dirhams next year. .

Last year, Morocco adopted a new investment charter that provides incentives of up to 30% of the total project, with the aim of raising the private sector’s share of total investments from one-third currently to two-thirds by 2035.

Morocco has been witnessing investment demand during the recent period, which prompted it to expand the area of ​​the second largest industrial zone in the Kingdom by an additional 100 hectares, in preparation for receiving new projects. (Bloomberg)