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Home > Headlines > Morocco Pitches UK on Sahara Investment Opportunities

Morocco Pitches UK on Sahara Investment Opportunities

Morocco's embassy in the United Kingdom organized a conference titled "Morocco's Southern Provinces: A Growing Hub for International Investments."

Sara ZouitenbySara Zouiten
Nov, 05, 2022
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Morocco Pitches UK on Sahara Investment Opportunities

Morocco Pitches UK on Sahara Investment Opportunities

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Rabat – Morocco’s embassy in the United Kingdom organized a conference titled “Morocco’s Southern Provinces: A Growing Hub for International Investments,” to highlight the region’s various investment opportunities. 

The event seeks to highlight the potential investment opportunities that Morocco’s southern regions possess, the Moroccan embassy in the UK indicated in a statement.

On November 16, 1997, over 350,000 Moroccans participated in the Green March, one of the largest and most peaceful protests, under the leadership of the late King Hassan II.

The historic event aimed to reclaim Morocco’s territorial integrity and sovereignty over the Sahara region, which was colonized by Spain at the time.

Since then, achieving socio-economic progress across the country’s southern regions has been at the heart of Morocco’s restructuring projects.

The embassy organized the conference in partnership with the Moroccan Investment and Export Development Agency (AMDIE), and Dakhla’s Regional Center for Investments.

Speaking at the conference, Morocco’s Ambassador to the UK Hakim Hajoui emphasized the North African country’s “continuous commitment to further develop” its southern regions.

Meanwhile, Morocco’s Minister of Investment, Convergence, and Evaluation of Public Policies Mohcine Jazouli stressed the great potential of the Moroccan southern regions in terms of renewables and green hydrogen.

The conference was also an opportunity for British investors to offer their “insightful experience” in said regions, as well as for Moroccan investment agencies to share their “invaluable input.”The experts highlighted “the multiple booming sectors, projects, and incentives” in Morocco’s south. These include wind and solar energy, tourism, aquaculture and agriculture, the statement added.

The panelists touched on the “wide range of factors and incentives that make the southern provinces a perfect investment destination for British Investors and highlighted the competitive advantage that they enjoy,” indicated the source.

In addition, the conference served as an opportunity to highlight the importance of “inclusive and sustainable investments” for the benefit of the local population and economy.

Every year on November 16, Moroccans celebrate the anniversary of the iconic Green March as a national holiday.

Tags: Green MarchSouthern provincesSouthern Provinces Development ProgramWestern sahara
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