2024-05-16 14:27:38
In its program “Connecting Africa”, the US media signifies that the Moroccan dream of building an financial and commerce hub open to West Africa and past is taking form.
This can be a challenge which is a part of a worldwide technique put in place by Morocco geared toward strengthening its port infrastructure, notes CNN, noting that the port of Dakhla Atlantique is strategically positioned to make the southern provinces of the Kingdom a gateway for commerce within the continent.
“The geographical location is the important thing to the success of the port of Dakhla” which can join Morocco and Africa and strengthen integration on the continent, Nisrine Iouzzi, head of the provisional administration accountable for supervise the development of the Dakhla Atlantique port.
With an funding of round 10 billion dirhams, this large-scale challenge is notably made up of three distinct basins devoted to commerce, maritime fishing and ship restore, she mentioned, including that this port ought to generate an annual site visitors of 35 million tonnes.
For his half, the overall director of the Regional Funding Middle of the Dakhla-Oued Ed-Dahab area, Mounir Houari, indicated that cutting-edge infrastructure such because the port of Dakhla Atlantique, the highway community and power initiatives renewables are in a position to appeal to traders who’re banking on high-growth markets reminiscent of that of West Africa.
With the entry into power of the African Continental Free Commerce Space ((ZLECAf), which goals to stimulate site visitors and commerce by making a single marketplace for items and companies, the port of Dakhla Atlantique will make it doable to keep up the manufacturing of uncooked supplies on the continent, he defined, including that lower than 5% of those pure sources are remodeled in Africa, resulting from a scarcity of business and export infrastructure.
He famous that this dynamic will assist create extra jobs in African nations, enhance their abilities and know-how and strengthen their very own industries.
Topic of an settlement signed earlier than His Majesty King Mohammed VI, in February 2016, this mega-project structuring the brand new improvement mannequin of the southern provinces, embodies Morocco’s dedication to Africa and its adherence to efforts geared toward consolidation of ties of cooperation and partnership with different nations on the continent.
The Dakhla Atlantique port additionally goals to strengthen financial and business hyperlinks between Morocco and its African depths and can represent a maritime interface for financial integration and a hub of continental and worldwide affect.
2024-05-16 14:27:38