Marrakech, Morocco — Morocco’s National Investment Commission (NIC) has recently approved a portfolio of 44 investment projects valued at MAD 86.36 billion ($8.6 billion), aimed at creating approximately 20,500 jobs. The projects were endorsed during the NIC’s 10th session, held in Rabat, under the leadership of Head of Government Aziz Akhannouch.
Established under the new Investment Charter, which was introduced in March 2023, the approved projects consist of 30 new convention agreements and 14 amendments to existing ones. The charter, aligned with King Mohammed VI’s directives, seeks to foster economic development and job creation, particularly among young Moroccans.
Akhannouch opened the session by noting the positive impact of the charter, with foreign direct investment reaching a record MAD 56.1 billion ($5.6 billion) in 2025, marking a 22% increase from 2018.
The approved projects span a variety of sectors, including tourism, renewable energy, automotive manufacturing, and agri — food. The automotive sector is projected to lead in job creation, accounting for 38% of the total positions, followed by tourism and agri-food.
Geographically, investments are spread across 19 provinces and prefectures in 10 regions, targeting areas such as Inzegan, Ait Melloul, Khémisset, and Rehamna. The NIC also designated strategic convention projects worth MAD 12 billion ($1.2 billion) and four additional projects totaling MAD 33 billion ($3.3 billion), focusing on strategic industries and expected to generate more than 6,100 direct jobs.
The commission’s strategic approach reflects the Moroccan government’s effort to distribute investments across various industries and regions, promoting a balanced economic growth and employment opportunities.
Source: moroccoworldnews
