Rabat – Morocco’s Minister of Digital Transition and Administrative Reform Ghita Mezzour and Alten Group CEO Simon Azoulay signed a memorandum of understanding on an investment project in the outsourcing sector on October 19 in Rabat.
With a total investment of over MAD 30 million ($2.7 million), the agreement aims to create 1,000 new direct jobs in the Engineering Service Outsourcing (ESO) ecosystem by 2026.
The Alten Group is a leading engineering and technology consultancy firm, which works on planning and conducting studies for large industrial, telecommunications, and service sector projects.
This investment project is intended to cover the fields of engineering, banking, insurance, finance, IT, and telecoms.
It is expected to be carried out in two phases over a four-year period.
The first phase will run from 2022 to 2024, and will create over 700 stable direct jobs, 88% of which will be engineers.
The second phase will run from 2025 to 2026 with the aim of creating over 300 stable direct jobs, 88% of which will also be engineers.
Read also: Morocco to Invest $5 Million in Outsourcing Sector, Create 5,000 Jobs
“This new investment project is part of the implementation of the outsourcing offer in Morocco, which aims to make the Kingdom one of the most competitive countries in the region in this sector,” the Moroccan minister said.
The minister’s statement noted how the agreement reflects “the importance of digitization in Morocco and the commitment of the Moroccan government and key players in the digital economy at the national and international level to this sector,” she added.
Morocco is beginning to place a greater emphasis on the outsourcing industry, Minister of Industry and Trade Ryad Mezzour and the Minister of Digital Transition and Administrative Reform Ghita Mezzour signed in April four memoranda of understanding related to investment projects in the outsourcing sector.
The agreement stipulated the creation of 5,000 new employment opportunities in the outsourcing sector by 2026 in cities such as Tangier, Fes, Rabat, Casablanca, and Agadir, with a budget of MAD 65 million ($5 million).
