The chairman of the French Chamber of Commerce and Industry of Morocco is satisfied with Dakhla as the host of the Moroccan-French Business forum after Casablanca, Paris, and Laayoune.
Rabat – The president of the French Chamber of Commerce and Industry of Morocco (CFCIM), Philippe-Edern Klein, openly invited investors to assess the potential business climate in the southern Moroccan city of Dakhla in Western Sahara.
Edern Klein remarked on the city of Dakhla human resources during the Morocco-France Business Forum, which took place from October 23-24 in Dakhla.
“The choice of Dakhla to welcome the Morocco-France Business Forum after Casablanca, Paris, and Laayoune is for us a natural choice because we are convinced of the potential represented by southern regions, whose growth rate is one of the most dynamic of the kingdom.”
Speaking at the opening of the fourth annual forum on October 24, president of the Dakhla-Oued Eddahab Region Yanja El Khattat said that the region is a source of “sustainable investment opportunities.”
El Khattat spoke about the launch of the new development model to promote and enhance the business climate in southern provinces, with a budget of MAD 77 billion between 2015-2021.
The budget covers approximately 650 projects. He reiterated that the wealth created in the region will benefit mainly the people of the region.
The president of the region also drew attention to the development of a roadmap that seeks to integrate people of the region into the implemented projects through job creation as well as empowerment programs for women in the region.
The forum’s location in the region of Dakhla Oued Eddahab provides opportunities for local investors as it convenes French business experts to explore the potential of the region. The region is considered as a bridge between Morocco and other African countries.
The city will soon connect Morocco with its African allies through the Dakhla Atlantic port. Construction on the port will take 7 years to complete.
On September 5, the Government Council adopted a decree to establish a committee to oversee the construction of the port for a budget of MAD 1 billion.
The ultimate goal of the projects is to enhance the investment potential of Morocco’s southern provinces as rich regions to attract local and international investors.
Last year, Edern Kelin made similar remarks during his participation at the Morocco-France Business Forum in Laayoune.
During the previous forum, he extolled the rapid transformation of the Laayoune Sakia el Hamra region in recent years, describing it as an “ideal hub” for business and investment in Africa.