Latest news with #ConvergenceandEvaluationofPublicPolicies
Morocco World
30-04-2025
- Business
- Morocco World
Morocco Spotlights Investment Opportunities at ‘Morocco Now' Conference in Madrid
Rabat – Morocco showcased its economic strengths and investment opportunities during the 'Morocco Now' conference held on Tuesday in Madrid. The event, held under the theme 'Investing Together for a Sustainable and Shared Future,' brought together major economic players from both Morocco and Spain. The conference aimed to promote Morocco as a reliable and attractive destination for foreign investments, especially for European partners. Drawing over 150 companies, it was organized by Morocco's Ministry of Investment, Convergence and Evaluation of Public Policies, in collaboration with the Moroccan Agency for Investment and Export Development (AMDIE). During the event, the Moroccan delegation recalled the country's recent economic reforms, high-potential industries, and concrete projects available for mutually beneficial partnerships. Spain's Secretary of State for Trade, Amparo López Senovilla, spoke of the strategic importance of the Morocco-Spain relationship. 'Our historical ties and strategic geographical locations bring both sides of the Mediterranean closer,' she said, MAP news agency reported. She also pointed to the 12th high-level meeting between Morocco and Spain, held in Rabat in February 2023, which laid out a roadmap for deeper cooperation in key sectors such as economy and sustainability. Morocco's Ambassador to Spain, Karima Benyaich, described Morocco as a promising platform for Spanish businesses. She commended the country's ambitious strategic vision, favorable business climate, and growing partnership with Spain. Meanwhile, Karim Zidane, Morocco's Minister Delegate in charge of Investment, urged Spanish companies to explore the many investment opportunities available in Morocco, especially in key sectors like aerospace, renewable energy, automotive, and electronics. He noted Morocco's world-class infrastructure, skilled young workforce, and strategic location as reasons for its growing attractiveness to foreign investors. Ali Seddiki, Director General of AMDIE, also spoke of Morocco's position as a leading hub for investment and exports in the region. He said the conference in Madrid aims to encourage more Spanish businesses to invest in Morocco. Moroccan and Spanish officials have continuously vowed to strengthen cooperation in many sectors and encourage investment in both countries, especially after Madrid officially endorsed Morocco's sovereignty over the Western Sahara.
Maroc
17-04-2025
- Business
- Maroc
Morocco Signs Three Tech Development Agreements at GITEX Africa
Morocco's Ministry of Digital Transition and Administration Reform and the Ministry of Investment, Convergence and Evaluation of Public Policies signed three memorandums of understanding Tuesday in Marrakech with KPMG SASU, Arrow ECS Support Center Morocco, and 2T Services Maroc. The agreements focus on creating and expanding service and competency centers on the sidelines of the third edition of GITEX Africa. The first agreement outlines plans to establish a competency center focused on technology consulting, digital transformation, financial and tax advisory services, and support for mergers, acquisitions, and restructuring, the ministries said in a joint press release. Aligned with Morocco's new investment charter and national priorities around digital sovereignty and human capital development, the project aims to create 150 direct jobs by 2029, according to the press release. The second agreement covers the expansion of a shared services center and the establishment of digital skills hubs in the Casablanca-Settat region. It also includes the development of new technical and management competency centers in the digital sector, targeting the creation of 700 direct jobs by 2029. The third agreement involves the development of a multidisciplinary service center in Oujda, focused on outsourced service delivery. The initiative aims to contribute to the economic revitalization of the region by creating 200 direct jobs by 2028. Part of Morocco's broader effort to strengthen its outsourcing ecosystem, the projects seek to foster structured collaboration between the public and private sectors, positioning the digital economy as a driver of regional opportunities. The initiative reflects the government's commitment to enhancing regional economic integration, supporting local investors, and equipping Moroccan youth with skills for an evolving service-based economy, the ministries said. MAP: 16 avril 2025
