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Home > Economy > Morocco’s FM Receives Polish Investors For Foreign Investment Tour

Morocco’s FM Receives Polish Investors For Foreign Investment Tour

The head of the Polish economic delegation, Robert Jedrzejczyk, noted that the visit to the southern provinces "confirms Morocco's strategy of inspiring the development of these regions."

Issam ToutatebyIssam Toutate
Sep, 17, 2021
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Morocco’s FM Receives Polish Investors For Foreign Investment Tour

Morocco’s FM Receives Polish Investors For Foreign Investment Tour

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Meknes – Morocco’s Foreign Minister, Nasser Bourita, received a delegation of Polish businessmen in Rabat on September 17. 

The representatives of several Polish firms visited the cities of Laayoune and Dakhla on September 15-16, in search of investment opportunities in Morocco’s southern provinces.

The head of the Polish economic delegation, Robert Jedrzejczyk, noted that the visit to the southern provinces “confirms Morocco’s strategy of inspiring the development of these regions.” 

This dynamic became apparent through “several months of cooperation with the Kingdom’s ambassador in Warsaw, Abderrahim Atmoun,” added Jedrzejczyk.

The Moroccan embassy in Warsaw organized the economic visit in collaboration with the Regional Investment Centers (CRI) in the regional economic centers of Laayoune and Dakhla.

The visit comes under Morocco’s active effort to further develop its southern regions, in order to consolidate the progress the country has achieved both on a national and regional level.

The visit aimed to gauge whether the Polish enterprises in question were interested in investment in Morocco.  

Jedrzejczyk described his meeting with Bourita as “an opportunity to present the states of our mission”.

The visit includes exploring foreign investment opportunities, specifically in the southern region of Morocco which has attracted foreign investors in recent years.

Jedrzejczyk noted that Polish companies went there “thanks to the vision of King Mohammed VI.” The Polish official additionally highlighted that “the promotion of these regions and the capacity and strategy of Morocco” provides Polish firms with “opportunities not very well known in Poland.”

Lidia Mielnicka,  export director at the Polish company “Chimide Polska” and member of this economic mission, welcomed the strengthening of relations between Morocco and Poland.

Polish companies have already signed investment declarations in January. Jedrzejczyk expressed his conviction that cooperation with regional parties, “which are very dynamic, will make it possible to welcome direct investments in the provinces from the South.”

Morocco’s southern provinces have witnessed great attention on all developmental levels. Morocco has been keen to keep the promise of making its southern provinces a continental hub for trade and economic activity.

Morocco’s development efforts in the southern provinces are evident in the socio-economic development of the Western Sahara region, which is largely supported by public investment and infrastructure.

The southern provinces have been allocated more than 700 projects worth a total of MAD 85 billion ($9.4 billion), up from MAD 77 billion ($8.5 billion)  initially planned. 

By December 30 of last year, the rate of progress of projects launched under the Development Program for the Southern Provinces (2016-2021) had exceeded 70%.

The region of Dakhla-Laayoune has attracted many international investors since then. In July, the US Middle East Partnership Initiative (MEPI) highlighted the strategic role of “Dakhla Connect” in connecting economic projects. In a tweet, MEPI stated that Dakhla Connect “connects local businesses with global investors attracted to Dakhla’s little-known business advantages and opportunities.”

Tags: dakhla economyinvestements in Morocco
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