Morocco approves 42 billion dirhams of investment, creating nearly 10,000 jobs

The 11th session of Morocco’s National Investment Commission, chaired by Prime Minister Aziz Akhannouch in Rabat, approved 29 new investment projects and nine amendments totaling about 42 billion dirhams. The projects are expected to generate roughly 9,800 jobs – 2,400 direct and 7,400 indirect – across 16 prefectures in six regions, including Al Haouz, El Jadida, Moulay Yacoub, Nador, Rehamna and Taroudant. They span 13 sectors such as tourism, chemicals, agro‑food, port infrastructure, aeronautics, logistics, commerce, telecommunications, waste valorisation and renewable energy.

In the strategic investment track, three projects worth 8.4 billion dirhams were approved, creating more than 2,700 direct jobs in electric‑vehicle manufacturing, aeronautics and textiles, located in Casablanca‑Settat, Rabat‑Salé‑Kénitra, Fès‑Meknès and Tanger‑Tétouan‑Al Hoceïma. An additional three strategic projects, valued at over 29 billion dirhams, will add more than 1,100 direct jobs. The new Investment Charter, operational since March 2023, has already facilitated 391 investment conventions representing 520 billion dirhams, contributing to territorial rebalancing, sustainable employment, gender equality and the development of strategic industrial sectors.