Industrial Sovereignty: Morocco Selects 1,839 Projects Worth $12.49 Billion
Doha – On Monday, Industry and Trade Minister Ryad Mezzour announced that 1,839 industrial projects have been selected as part of efforts to boost Morocco's industrial sovereignty.
The projects, selected up until June 10, represent a total investment of MAD 124.9 billion ($12.49 billion).
They aim to strengthen domestic production capacities, reduce Morocco's reliance on imports, and are expected to generate 179,825 jobs across key manufacturing sectors.
Speaking at the House of Representatives, Mezzour, through Secretary of State for Foreign Trade Omar Hejira, stated that these projects are expected to create 179,825 jobs.
He stressed that this initiative seeks to increase domestic manufacturing of goods that can be produced in Morocco as a substitute for imported products.
Mezzour also pointed out the significant progress made by the industrial sector under the leadership of King Mohammed VI. He attributed this to the various industrial plans implemented over the past two decades.
The minister noted that this momentum has been further reinforced following the COVID-19 pandemic through the adoption of a new strategy.
This strategy aims to position Morocco as a decarbonized industrial platform, enhance its industrial sovereignty, improve competitiveness, and reduce the trade deficit.
The selection of these projects represents a key step towards achieving these objectives and bolstering Morocco's industrial self-sufficiency. Tags: Moroccan IndustryRyad Mezzour
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Morocco World
5 hours ago
- Morocco World
LNFP, LaLiga Sign Partnership to Elevate Moroccan Football
Doha – The Ligue Nationale de Football Professionnel (LNFP) and its Spanish counterpart, LaLiga, signed a partnership agreement on Monday in Salé to promote and sustainably develop Moroccan football. LNFP President Abdeslam Belkchour and LaLiga President Javier Tebas inked the convention at the Mohammed VI Football Complex, with Royal Moroccan Football Federation (FRMF) President Fouzi Lekjaa and Spanish Ambassador to Morocco Enrique Ojeda Vila in attendance. According to Belkchour, this convention 'is part of the strategic rapprochement between Morocco and Spain, particularly through the co-organization of the 2030 World Cup with Portugal.' He said the agreement will reinforce relations in the football domain and provide an opportunity for Moroccan clubs to draw inspiration from Spanish teams in terms of organization. Belkchour indicated that the partnership 'covers several development axes and marks a major step in strengthening our commitment to the football ecosystem on a national scale between the two shores of the Mediterranean.' He acknowledged the need for a comprehensive analysis of the Moroccan football ecosystem and expressed conviction that the partnership will succeed and achieve the desired objectives. Tebas said he was 'honored' to sign the agreement, noting that 'this signature is just the beginning of a great collaboration destined for success.' 'We come with a spirit of sharing and change,' he affirmed. 'The idea is to enable the Moroccan football ecosystem to draw inspiration from the experience of the Spanish League, one of the most professional in the world,' Tebas explained. The LaLiga president said, 'Through this partnership, we will have the opportunity to share all this experience accumulated over the years with the LNFP.' He noted that a preliminary study was conducted to identify strengths and areas for improvement. The partnership aims to diagnose the Moroccan football ecosystem and develop an ambitious roadmap for the professional and sustainable development of the sector. The LNFP assets that it seeks to elevate the professionalism of Moroccan football and enshrine principles of good governance and rational management, serving the interests of clubs, players, and all stakeholders. Tags: la ligaLNFPMoroccan football
Morocco World
5 hours ago
- Morocco World
King Mohammed VI May Visit France in Late 2025 or Early 2026
Doha – King Mohammed VI may make a long-awaited state visit to France in late 2025 or early 2026, according to a Moroccan diplomatic source. The visit, which has been postponed several times, would mark a new chapter in the strengthening of relations between the two countries. A series of preparatory meetings have been scheduled ahead of the official state visit, which the King will make at the invitation of French President Emmanuel Macron, a source told AFP. One of the meetings will reportedly gather the Franco-Moroccan High Joint Commission, co-chaired by the heads of government, and is scheduled for the fall of 2025. Other visits and meetings will also be held to assess the progress of bilateral issues. Key among these is a meeting of the 'joint migration group' on June 25 in Paris and a visit by Moroccan Interior Minister Abdelouafi Laftit on July 7. In April, during a visit to Rabat, French Interior Minister Bruno Retailleau announced an agreement to 'improve cooperation on readmissions', including the establishment of a 'joint group' tasked with 'investigating whether the nationality is Moroccan or not' for a number of irregular migrants. The upcoming royal visit comes after Macron, during his three-day trip to Rabat in October 2024, strongly supported the 2007 Autonomy Plan over the Western Sahara, endorsing Moroccan sovereignty over its southern provinces. In a July letter to the King, the French president stated that the Moroccan plan 'now constitutes the only basis for reaching a just, lasting and negotiated political solution in accordance with United Nations Security Council resolutions' – a position that the European country has reaffirmed since. During Macron's visit, he officially invited King Mohammed VI to make a state visit to France – an invitation the sovereign accepted with the exact date to be agreed through diplomatic channels. Now, according to reports, those dates are materializing. The two also leaders discussed giving a decisive boost to the excellent multidimensional relations between Morocco and France, to take into account the ambitions of both countries and face international developments and challenges together. They addressed regional and international issues, agreeing to work together to strengthen Euro-Mediterranean, African and Atlantic cooperation for prosperity and sustainable human development. The leaders additionally stressed the importance of deeply renewing the partnership between the two shores of the Mediterranean to build a more stable, sustainable, and prosperous future for the entire region. Tags: Emmanuel MacronKing Mohammed VIMorocco France Relations
Maroc
6 hours ago
- Maroc
Royal Air Maroc Expands Summer Capacity to Record 6.6 Million Seats Amid Travel Surge
Morocco's national carrier, Royal Air Maroc (RAM), will offer a record 6.6 million seats for summer 2025, up by more than 700,000 from last year, as part of a major ramp-up to meet surging travel demand, particularly from the Moroccan diaspora, the airline said Monday. The expanded schedule includes over 95 destinations, with new long-haul routes to São Paulo, Beijing, Toronto, and Catania, and additional domestic and African frequencies. RAM also added a third London route via Stansted, supplementing its existing services from Heathrow and Gatwick. The carrier is modernizing its fleet with eight new aircrafts, including two Boeing 787-9 Dreamliners and six Boeing 737 MAX 8s, reducing reliance on leased aircraft. It will, however, wet-lease four additional planes for the season to cover peak demand across Casablanca, Tangier, Nador, and Oujda. RAM is also overhauling its Casablanca hub operations with new scheduling windows to improve connectivity—dedicating overnight slots to European routes and daytime slots to African destinations. The expansion is part of RAM's broader strategy to position Morocco as a strategic aviation hub and improve the passenger experience, CEO Hamid Addou said. Ticket sales for the summer program are now available across all official channels. MAP: 16 June 2025
