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Casablanca – The Moroccan city of Dakhla will host the Morocco-Spain Investment Forum on June 21 and 22 with the aim of strengthening economic ties and promoting the region’s economy.
Initiated by the regional council of Dakhla-Oued Eddahab, and in partnership with the Ministry of Industry and Trade, this forum attempts to promote the region’s wealth and investment potential in order to advertise it to Spanish investors.
According to a regional council statement, the event will bring together companies and institutional actors to facilitate international investment in Dakhla.
This economic event will bring together private and public entities, potential investors, and businesses to discuss different options for the expansion of Morocco’s trade balance with Spain, the same source notes.
The forum aims to provide an opportunity to build new investment ties between Morocco’s corporate and public sectors, particularly in agriculture, tourism, logistics, renewable energy, and fisheries.
This event intends to present networking opportunities and offers trips to regional flagship projects.
Following the Spanish government’s endorsement of the Moroccan Autonomy Plan as the “most serious, realistic, and credible basis” for settling the Western Sahara dispute, the two countries have pledged to usher in a new era of positive ties based on mutual trust, respect, and transparency.
Morocco and Spain’s “new era” of good collaboration and closer connections has so far focused mainly on the economy and tourism as the main priorities.
Aside from this event, Dakhla is actively being promoted as a prominent investment destination. In March, the city also hosted the Morocco-US Investment Forum, which was not only a business venture but also a political initiative with diplomatic goals.
Read also: Moroccan-Spanish Joint Declaration: A New Diplomatic Roadmap
