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Rabat — The Moroccan government signed four major investment agreements with Catalan companies on Wednesday, securing a total investment of MAD 500 million ($50 million) that will create over 700 direct jobs.
The projects will launch in three key Moroccan cities: Tangier, Tetouan, and Kenitra. This deal marks a significant step forward in strengthening economic ties between Morocco and Spain.
High-Level signing ceremony
Karim Zidane, Morocco’s Deputy Minister for Investment, hosted the signing ceremony in Rabat. Josep Sánchez Llibre, president of Foment del Treball, Catalonia’s main business organization, led the Catalan delegation.
The investments target four strategic sectors, including automotive manufacturing, waste recovery, industrial packaging, and construction materials.
These areas reflect Morocco’s growing appeal as an investment destination and its ability to turn economic partnerships into job-creating projects.
Morocco positions itself as a regional hub
Zidane noted that these projects align with King Mohammed VI’s vision to establish Morocco as a competitive industrial and economic hub in Africa and the Mediterranean region.
“We have implemented structural reforms that make investing easier,” Zidane explained, noting three key improvements, namely digital procedures, simplified administration, and stronger Regional Investment Centers (CRIs).
Catalonia plans bigger future investment
Sánchez Llibre commended the warm reception his delegation received and announced ambitious expansion plans. “These first projects are just the beginning of a larger, long-term presence in Morocco,” he said.
“We will return within a year with a new delegation of about twenty Catalan companies,” Sanchez Llibre added.
Spain-Morocco strengthened economic partnership
Spanish Ambassador to Rabat Enrique Ojeda Vila attended the ceremony and celebrated the initiative. He reminded attendees that Morocco and Spain are each other’s top economic partners, with strong geographic, historical, and strategic connections.
Meanwhile, Adil Rais, co-president of the Morocco-Spain Economic Council (CEMAES), said the agreements reflect both countries’ commitment to enhancing a solid investment axis, intending to make Spain Morocco’s largest foreign investor.
Building on previous success
This signing ceremony is a continuation of the bilateral economic promotion work under the “Morocco Now” initiative. Previous efforts include roadshows in Barcelona in January 2024 and Madrid in April 2025, as well as the first Catalan delegation visit in June 2024.
The new investments demonstrate Morocco’s success in attracting international partners and transforming diplomatic relationships into concrete economic opportunities that benefit both countries’ workers and businesses.
