M. Jamal eddine BOUKAR
Fully aware of the fundamental role of the investment in the economic growth, the acceleration of the employment and the stimulation of the economical machine. Under the guidance of HM King Mohammed VI (his vision and his action plans deeply driven to accelerate investment), Morocco launched many large-scale projects in all strategic sectors in all regions of the Kingdom.
As stated by numerous international organizations, Morocco has become an investment-friendly platform through attractive offers, addressing all needs of investors whether local or international.
Via its geographical position, social stability, the advantageous legal work frame, its multisector investment programs, the six economic sectors with high added value. Projects financing mechanisms, ultra-modern platforms and export free zones with international standards, in addition to competitive costs of production.
In addition, Morocco offers incentives to attract investment with advantageous and cumulated funds: Investment Promotion Fund (FPI), Hassan II Fund, Exemption from import fees and from VAT.
On top of that, Morocco provides several sensible and structured programs to provide investors with reel opportunities and visibility over the medium and long term: National Pact for the Industrial Emergence; Moroccan Project for Solar Energy; Integrated Moroccan Project for Wind Energy; Tourism Vision 2020; Plan Maroc Vert for the Agriculture; Fishing Program 2020; Digital Morocco Plan 2013, and Rawaj Plan vision 2020 for Trade Excellence.
Special infrastructures were created such as Industrial Zones, Industrial parks, Technoparks, Export and Logistics free zones.
To encourage investors even more, tax incentives related to Corporate Tax, VAT, Income Tax, import fees and others were implemented.
To put Morocco on the global map, several Free Trade agreements were signed (with USA, with Turkey, with Arabo-Mediterranean countries), and associations were created (Morocco-EU Association, and European Association for Free Trade).
In order to welcome, advice and assist investors, Morocco created Investment Directorates, Investment Commissions, Regional Investment Centers and the Moroccan Agency for Investment Development. Needless to mention the Ministry of Industry, Commerce, Investment and Digital Economy.
With the aim of involving all society components in the efforts of backing the State structures, the Moroccan Association for the Investment (l’AssociationMarocaine de l’InvestissementAMI) was created in June 2014 with the objective of creating cooperation and synergy partnerships with all governmental and private structures aiming at the promotion of the Investment in Morocco, and to participate with civility, loyalty and dynamism to the emergence of a prosperous Morocco.
May Allah help us in the achievement of our mission for the benefit of our beloved Nation: Morocco of tomorrow.
M. Jamal eddine BOUKAR