Rabat - The Regional Commission for Investment and has approved 30 projects in the Marrakech-Safi region, with an investment amounting to 2 billion dirhams and 4,191 prospective jobs.
Rabat – The Regional Commission for Investment and has approved 30 projects in the Marrakech-Safi region, with an investment amounting to 2 billion dirhams and 4,191 prospective jobs.
Morocco’s Regional Commission for Investment has recently validated 30 new projects for the benefit of the Marrakech-Safi region. The projects will take a MAD 2-billion investment (USD 201 million) and will center on three vital sectors, namely tourism, services, and housing. The projects are also expected to generate 4,191 jobs.
One of the approved projects is the construction of a factory specializing in the production and exportation of frozen fruits and vegetables. The construction of this plant, which will be located in the rural commune near Marrakech, will cost MAD 24 million and will generate no less than 60 employment opportunities.
This plant is expected to improve the industrial fabric in the area and attract local and international investors to the region of Marrakech-Safi.
In addition to this factory, 8 municipalities will benefit from 19 projects that will require an investment of MAD 412,77 million and create 458 stable jobs. 12 of these projects will go to the tourism industry, including the construction of a residential and tourism complex that will cost 170 million DH and will generate 30 jobs in the commune of Tamsloht.
The coastal city of Safi will also take its share of the investment. Morocco’s OCP is set to make one of its largest investment in the city of Gantour, Safi, which will amount to MAD 51 billion.