Investment: Moroccan offer highlighted in Brussels

by times news cr

2024-04-26 16:21:04

The meeting, organized by the Moroccan World Trophies Foundation (TMM), brought together managers of financial institutions and investment promotion in Morocco, who reviewed investment opportunities in the Kingdom and the tools implemented by their respective establishments to support investors.

The participants emphasized the dynamism of the Moroccan economy marked by the multiplication of projects, particularly in the areas of infrastructure, renewable energies, the generalization of medical coverage, the digitalization of services and the development of the startup ecosystem, noting that in 2023 the Kingdom ranked third out of the 50 economies which should maintain the strongest investment dynamics, according to IMF figures.

The Moroccan Ambassador to Belgium and the Grand Duchy of Luxembourg, Mohamed Ameur, noted, on this occasion, that the Kingdom is the country which offers the most guarantees for investors in the south of the Mediterranean, thanks to a favorable legislative and economic framework, as well as the stability and security enjoyed by Morocco, which make it an island of stability in a disrupted regional environment.

He also emphasized the strong presence of the Moroccan community in Belgium, a community well integrated into its host country, but which remains strongly attached to Morocco, hence considerable potential for the development of members’ investments. of this community in their country of origin, as well as commercial exchanges between Morocco and Belgium in general, which remain “well below the expectations” of the two friendly countries.

In this sense, the ambassador called for taking full advantage of the potential offered by a dynamic and changing Moroccan economy, as well as the multiple investment and business opportunities open to all national and international investors, including those from the Moroccan community abroad.

Ali Mehrez, project manager at the general management of the Moroccan Agency for Investment and Export Development (AMDIE), insisted, for his part, that the legislative framework and mechanisms put in place for the promotion investments make no distinction between national and foreign investors, noting that Morocco offers diversified and competitive opportunities for all.

Investment support structures, whether AMDIE or regional investment centers, are fully mobilized to facilitate investment processes and bring together the necessary conditions for the success of projects, he underlined, highlighting the contribution of the new Investment Charter in terms of supporting investment and improving the business climate.

For his part, Hicham Serghini, general director of Tamwilcom (National company guarantee and financing of the company), indicated that the guarantee and financing mechanisms put in place for the benefit of investment projects are diverse and intended to support the company throughout its life cycle, noting that the guarantee, based on risk sharing, constitutes a key element in the creation and development of an investment project.

Dounia Boumehdi, general director of MITC Capital, managing company of Maroc Numeric Fund I and II, shed light on these investment funds dedicated to financing companies and startups operating in the digital field, noting that this institution places emphasis on the human element, the first asset for the success of a project. And to highlight the dynamism and investment opportunities offered by the digital sector and new information and communication technologies in Morocco.

The TMM Foundation meetings are a series of conferences organized in different cities around the world with a large community of Moroccan origin. Dedicated to the investment of Moroccans around the world, they constitute a space for exchange between Moroccan decision-makers and potential investors from the diaspora.

The Brussels meeting is the first in the 2024 cycle of these conferences, which will be followed by other similar events in several cities around the world.

2024-04-26 16:21:04

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