The BM-IMF Annual Meetings, an exceptional opportunity to attract Moroccan and foreign investors

The Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) constitute an exceptional opportunity to attract Moroccan and foreign investors, underlined the Director General of Investment and Business Climate, reporting to the Ministry of Investment, Convergence and Evaluation of Public Policies, Ghali Skalli.

In an interview given to MAP on the occasion of these Assemblies, Mr. Skalli specified that the ministry organized a special session under the theme “Morocco, privileged land of private investments” which aimed to present the comparative advantages of the Kingdom in this matter.

This meeting was also an opportunity to work to convince investors to come to Morocco and to meet others who have already expressed their desire to come and invest in the Kingdom, he said.

Mr. Skalli further noted that the main objective of the ministry is to transform the interest of national and international investors in Morocco into real projects on the ground capable of creating employment opportunities for Moroccan youth.

Regarding the new Investment Charter, launched in accordance with the High Guidelines of HM King Mohammed VI, Mr. Skalli stressed that it is operational, noting that nearly forty projects, representing 100 billion dirhams of investments and more than 40,000 jobs, have benefited from the support measures put in place in this framework.

The Charter acts in a role of guiding investments and pushes investors to choose projects with greater social impacts, he welcomed.

In this regard, Mr. Skalli highlighted the territorial equity of the Charter, explaining that more than 70% of the projects having benefited from the bonus are located outside the Tangier-El Jadida axis, which proves that this Territorial equity is today a reality.

He also announced that a gender equity bonus in salaries has been put in place, noting that more and more investors are reviewing their organization chart and their HR policy to integrate more women.

Regarding the practical contribution of this Charter to economic operators wishing to invest in Morocco, Mr. Skalli indicated that it is based on three main axes: subsidies granted to investors, improvement of the business climate with the aim of granting incentives to investors and creating a favorable climate for their installation in Morocco, in addition to governance, in particular with the reform of the Regional Investment Centers (CRI).

The Charter is today a clear framework which outlines the priorities of the State, he noted, noting that it establishes trust between the State and the investor and demonstrates to Moroccan citizens and foreign investors that investment is placed at the top of the priorities.

“Trust is the basis of the act of investing in Morocco and the Charter goes in this direction,” said Mr. Skalli.

Regarding the role of CRIs in the act of investing, Mr. Skalli described it as “essential”, adding that this role should be taken even further, by supporting the act of investing from start to finish. , from the generation of ideas to monitoring the implementation of projects and even beyond, in accordance with the Royal Vision.

He noted, in this regard, that the supervision of the CRIs was transferred to the department of the Head of Government, for the unification of investment efforts, recalling that last week the ministry launched a strategic alignment study of the CRIs, in order to formulate a 3.0 vision of these centers, take stock and formulate a new vision for these structures.