- Home
- Embassy
- About Morocco
-
Morocco-US Relationship
Morocco-US Relationship
- Visit Morocco
- Consular Services
- Press & media
- Contact Us
Statement by the Royal Office
"His Majesty King Mohammed VI, may God assist him, chaired, on February 16, 2022 at the Royal Residence of Bouznika, a working session devoted to the new investment charter.
This working session comes in the wake of the High Royal Directions contained in the opening speech of the Parliament, calling for the adoption, as soon as possible, of a new competitive investment charter.
During this session, a presentation of the main lines of the project of the new investment charter was presented to the Sovereign by the Minister Delegate to the Head of Government in charge of investment, convergence and evaluation of public policies.
The project, which is in line with the spirit and ambition of the New Development Model, aims to reverse the current trend where private investment represents only about one third of total investment, with public investment representing two thirds. It thus intends to increase the share of private investment to two-thirds of total investment by 2035.
The major objectives assigned to the new investment charter are the creation of employment, the promotion of an equitable development of the territories and the prioritization of the carrier sectors for the national economy. To this end, the draft of the new charter includes a main support system consisting of:
- common premiums, in support of investments in line with the High Royal Orientations, the objectives of the New Development Model and the priorities set by the government;
- an additional territorial bonus to encourage investment in the least favoured provinces;
- an additional sectoral bonus, granting incentives to boost growth sectors.
The project also provides for exclusive support measures for projects of a strategic nature such as the defense or pharmaceutical industries, within the framework of the National Investment Commission, as well as a specific support mechanism for very small, small and medium-sized enterprises, in addition to a mechanism for the development of Moroccan investments abroad.
His Majesty the King, may God assist him, encouraged the government for the work done, and gave His High Instructions for the preparation of the implementation details of the new investment charter.
The Sovereign also emphasized the role that the national private sector should play in this project, inviting the government to actively involve private operators, including the CGEM and the GPBM, in the implementation process of the charter.
His Majesty the King also recalled that the renovation of the legal and incentive schemes remains dependent on their proper implementation and regular monitoring of their implementation on the ground, in order to give a new impetus to private investment and to enshrine the Kingdom as a privileged land of investment at the regional and international level.
The working session was attended by the Head of Government, Mr. Aziz Akhannouch, the Advisor to His Majesty the King, Mr. Fouad Ali El Himma, the Minister of Interior, Mr. Abdelouafi Laftit, the Minister of Economy and Finance, Ms. Nadia Fettah Alaoui, the Minister of Industry and Trade, Mr. Ryad Mezzour and the Minister Delegate to the Head of Government in charge of Investment, Convergence and Evaluation of Public Policies, Mr. Mohcine Jazouli".
" French President Emmanuel Macron is set to visit Morocco next week for a three-day state trip, as ... "
" HM King Mohammed VI, accompanied by HRH Crown Prince Moulay El Hassan and HRH Prince Moulay Rachid, ... "
" His Majesty King Mohammed VI, may God Assist Him, delivered, on Monday, a speech to His faithful ... "
" 33rd Arab Summit: Future of Arab Ummah Hinges on Formulation of Common Strategic Vision (HM the ... "
" Morocco celebrates today the 21st birthday of Crown Prince Moulay El Hassan. Named in homage to his ... "
" Banjul, 04/05/2024 (MAP) - His Majesty King Mohammed VI, may God assist Him, addressed a speech to ... "
" Rabat - His Majesty King Mohammed VI, may God assist Him, addressed a message to participants at the ... "
" His Majesty King Mohammed VI, May God assist Him, delivered, on Monday evening, a speech to His ... "
" His Majesty King Mohammed VI addressed a Message on the occasion of the presentation of the ... "
" Addis Ababa - His Majesty King Mohammed VI addressed a message to the participants in the 2nd ... "
" His Majesty King Mohammed VI, Chairman of the Al-Quds Committee, addressed, on Sunday, a Message to ... "
" His Majesty King Mohammed VI on Friday delivered a speech to the Nation on the occasion of the 69th ... "
" Rabat - His Majesty King Mohammed VI, accompanied by HRH Crown Prince Moulay El Hassan, delivered, ... "
" Rabat - HM King Mohammed VI delivered, on Sunday, a speech to the Nation on the occasion of the 47th ... "
" Rabat - His Majesty King Mohammed VI addressed a message to the participants in the 17th session of ... "
" New York - His Majesty King Mohammed VI, addressed a message to Chairman of the United Nations ... "
" Riyadh - His Majesty King Mohammed VI, may God assist Him, addressed, on Friday, a speech to the 1st ... "
" His Majesty King Mohammed VI, may God assist Him, addressed, on Tuesday, a message to participants ... "
" HM King Mohammed VI on Friday sent a speech to the 6th European Union-African Union Summit, which is ... "
" His Majesty King Mohammed VI delivered, on November 6, 2021, a speech to the Nation on the occasion ... "
" His Majesty King Mohammed VI, accompanied by HRH Crown Prince Moulay El Hassan and HRH Prince Moulay ... "
" His Majesty King Mohammed VI on Friday delivered a speech to the Nation on the occasion of the 68th ... "
" Rabat – His Majesty King Mohammed VI delivered, on Saturday, a speech to the Nation on the occasion ... "
" Rabat - His Majesty the King Mohammed VI delivered, on Wednesday, November 6th, 2019, a speech to ... "
" Rabat - His Majesty the King Mohammed VI gave, on Friday, October 11th, 2019, before the members of ... "
" Al Hoceima - His Majesty the King Mohammed VI delivered, on Tuesday august 20th, 2019, a speech to ... "
" Tetouan-His Majesty the King Mohammed VI delivered, on Monday, July 30th, 2019, a speech to the ... "
" His Majesty the King Mohammed VI, Commander of the Faithful, delivered on Saturday, March 30th, ... "
" HM King Mohammed VI has sent a speech to participants in the 26th United Nations Climate Change ... "
" His Majesty King Mohammed VI, may God assist Him, delivered on July 31, 2021, a speech to the Nation ... "
Calendar
Embassy of the Kingdom of Morocco in Washington DC
+1 (202) 462-7979
3508 International Dr NW, Washington, DC 20008
Consulate Section in Washington DC
+1 (202) 499-1050
1601 21st St NW, Washington, DC 20009
Consulate General in New York
+1 (212) 758-2625
55 Broadway, New York, NY 10006
Consulate in Miami
Upcoming