By Said Temsamani
By Said Temsamani
Morocco World News
Washington, February 21, 2013
The third edition of the National Conference of Industry was held Wednesday, Feb. 20 in Tangier.
The event, organized under the leadership of King Mohammed VI, was an opportunity to take a mid-term review of the National Pact for Industrial Emergence ,PNEI, which is a contract program established to the deployment of industrial development strategy of Morocco.
The third meeting of the conference was held under the sign of innovation and productivity.
The meeting was an update on the achievements of all stakeholders since the launch of PNEI in 2009.
The Conference was designed around two basic ideas, one focusing on sectors where Morocco has a competitive advantage such as automotive, aerospace, electronics, food processing, textiles and leather, and the second on off-shoring.
Morocco intends to strengthen the overall corporate fabric, through four major cross-functional projects: the competitiveness of SMEs, improving the business climate, training, and the development of “integrated industrial platforms.”
Nearly 1,500 guests, national and international, took part in the third annual conference.
In this regard, King Mohammed VI tends to maintain a strong mobilization around this area with high added value. Therefore, the fresh perspective of public and private attempts to concretize the strategic choices adopted by the Kingdom and the challenges the Moroccan industry will face.
To draw an industrial roadmap, professional meetings were held to present the components that Morocco offers under its industrial component and leadership, therefore, to provide investment opportunities, to enrich the Moroccan economy and to support the momentum in this direction.
There at least three industrial sectors – renewable energy, phosphates, automotive –, where Morocco is poised to succeed in securing their world promotion.
The tax measures recommended in the 2013 Finance Bill would encourage industrial investment and eventually open the doors for potential investments.
The reform of the advanced regionalization and justice, initiated by King Mohammed VI, will contribute greatly to the improvement of good governance through a decentralized economic management.
Morocco anticipates technological breakthroughs, for example, TGV, the 3G/4G or renewable energy, which will certainly attract many potential investors and open possible markets around the world.