Government Council: adoption of a bill on the reform of the CRIs and the creation of unified regional investment commissions

by times news cr

Presented by the Minister Delegate in charge of Investment, Convergence and Evaluation of Public Policies, Mohcine Jazouli, this bill is part of the continued reform of the CRI, in execution of the High Guidelines of HM King Mohammed VI, contained in the royal speech of July 29, 2018 on the occasion of the Throne Day, in which the Sovereign called to “activate the reform of Regional Investment Centers by granting them the necessary prerogatives to fulfill their mission correctly”, indicated the Minister Delegate in charge of relations with parliament, government spokesperson, Mustapha Baitas, during a press briefing held at the from the Council.

The reform of the CRIs, initiated after the publication of Law No. 47.18 and its implementing decree, made it possible to initiate a profound transformation in the approach to investment at the territorial level, consolidating the role of these centers as as major players particularly in supporting and attracting investment, as well as in promoting economic potential and investment opportunities in the regions of the Kingdom, explained Mr. Baitas.

And to add that the project of this new reform, while relying on the achievements and achievements made, aims to strengthen the central role of the CRIs and to extend their prerogatives, in accordance with the High Royal Guidelines contained in the royal speech delivered by HM King Mohammed VI, on the occasion of the opening of the parliamentary session of October 2022, in which the Sovereign stressed that “the Regional Investment Centers (CRI) are therefore called upon to supervise the entire investment process and to increase its efficiency” and that “they are also responsible for ensuring better support and supervision services for the benefit of project leaders, until their final realization “.

Mr. Baitas also indicated that the bill includes several new features, including the strengthening of the governance of CRIs, appeals filed by investors, the treatment of exceptions linked to the field of town planning, in addition to the enlargement the prerogatives of these centers.

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