2023-07-21 21:04:33
The Unified Regional Investment Commission (CRUI) of the Tangier-Tetouan-Al Hoceima region approved during the first half of the current year, some 416 projects for a total amount of more than 23.7 billion dirhams.
The Commission held from January to June 2023, some 108 meetings, during which 416 projects were approved, or 62% of the projects examined during this period, exceeding the national rate, which is 58%, indicates the Regional Investment Center.
The number of approved projects recorded an increase of 86.5% compared to the same period of 2022, specifies the same source. These projects will create nearly 70,000 new stable jobs.
The northern region thus maintains its attractiveness for investors, attracting projects from various sectors. The results of the first half were “encouraging”.
The CRI Tangier-Tetouan-Al Hoceima has accompanied and supported the filing of 774 investment files, representing approximately 16.3% of the national total, which has enabled this region to position itself as a privileged destination for investments, with a business-friendly environment and promising prospects for the future.
These projects relate to the sectors of renewable energy, advanced technology, manufacturing industry and tourism among others, making Tanger-Tetouan-Al Hoceima “a fertile ground where innovative ideas flourish and prosper”, explains the CRI. He recalled that the entry into force of the new investment charter and the continued commitment of the regional investment ecosystem has created an environment conducive to business and fostering innovation, helping to attract investors seeking new opportunities.
These projects, investigated by the CRUI, mainly concern the industry sector with approximately 38% of projects approved for an investment amount of 5.38 billion dirhams capable of creating more than 26,000 jobs, followed by the tourism sector with a quarter of approved projects worth 4.46 billion dirhams and which will allow the creation of more than 14,000 stable jobs.
The service and construction sectors are positioned in 3rd and 4th place with respectively 8% and 7% of approved projects with investment amounts of 2.4 billion dirhams and 1.2 billion dirhams and which, together, will contribute to the creation of around 10,000 jobs.
The trade sector represents 6% of approved projects with an investment of nearly 7 billion dirhams and more than 7,100 new jobs planned.
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