Investments: Messrs. Jazouli and Seddiki participate in the first edition of GITEX Africa Morocco

by times news cr

2024-07-19 23:46:06

Organised by the Ministry of Digital Transition and Administrative Reform, the Digital Development Agency (ADD) and the Dubai World Trade Center, this international digital and innovation event brings together many players from the public and private sectors, according to a joint press release.

With the participation of more than 900 technology companies and startups, nearly 30 government delegations, some 250 investors and 250 speakers, this event stands out as a privileged place for discussion and exchange around the latest advances in the technological world and investment opportunities in the field.

Under the High Guidance of HM King Mohammed VI, Morocco has resolutely committed to the digital transition in order to breathe new life into national socio-economic development, adds the same source, noting that the Kingdom is today positioned as a destination of choice for investments in the digital sector, presenting countless opportunities and considerable potential in the digital sector.

The Kingdom has a dynamic and diversified ecosystem which allows it to be one of the main hubs for the African continent, the press release underlines.

In this regard, Mr. Jazouli declared that “Morocco, through the acceleration of its digital transformation, is today positioning itself not only as a player in the global technological revolution but also as a forerunner that aspires to influence the future of the sector on an international scale.”

“In addition, the new Investment Charter has confirmed digital technology as a priority for the development of the national economy since it is one of the highly rewarded sectors. This shows the State’s determination to support and promote this flagship sector, a source of growth and quality jobs,” he added.

The event will include the signing of four memoranda of understanding (MoU) between the government and leading companies in their business segments as well as numerous business meetings to present to the companies present the investment opportunities in Morocco as well as the support mechanisms for investments in the digital and outsourcing sectors.

Amounting to more than 320 million dirhams (MDH) allowing the creation of nearly 600 direct and stable jobs by 2026, these (MoUs) concern investment projects in the ecosystems of ESO (Engineering Service Outsourcing), ITO (Information Technology Outsourcing), BPO (Business Process Outsourcing and industry 4.0.

The Moroccan Agency for Investment and Export Development supports the economic and social development of the Kingdom of Morocco through its actions of promotion, canvassing and support for investment and export. The promotion of economic Morocco internationally is carried out through the Morocco Now brand.

2024-07-19 23:46:06

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