Responding to an oral question from the group of the National Rally of Independents on “the balance sheet of private investments mobilized during the period 2022-2024”, Mr. Jazouli explained that these estimates are based on monthly reports from the Ministry of the Economy and of Finance, as well as the official data published each year in June by the High Commission for Planning concerning gross fixed capital formation.
And to continue that the ministry relied on these figures, while awaiting the development of the “National Investment Observatory”, in partnership with organizations and institutions producing statistics on investment and the business climate, as a mechanism to provide indicators for monitoring the national private investment development strategy.
In this wake, he underlined that the achievement of the clear objectives set by His Majesty King Mohammed VI, in terms of investment, during the period from 2022 to 2026, constitutes a “priority for the government”.
The minister noted that these estimates mean that “we are in line with the objectives set in terms of investment, especially since the indicators for the year 2024 and the years to come are very positive”.
Thanks to the new investment charter, the National Investment Commission approved, during 5 meetings, projects worth 173 billion dirhams, which will create around 100,000 jobs, he said, adding that 82% of these projects have started construction work, and that “the foreign direct investment situation has improved at the beginning of 2024, reaching record levels”.
In his response to another question from the Progress and Socialism group on “achieving complementarity between public and private investment”, the minister indicated that Morocco is banking on productive investment to strengthen the role of the sector private, in order to build a strong economy.
And to note that public investments are necessary to stimulate private investments, particularly in the areas of infrastructure and energy, in order to improve the competitiveness and attractiveness of all regions in terms of investments.
In this same vein, he noted that the ministry has developed a national strategy for the development of private investments by 2026, taking into account the regional and sectoral dimensions, on the basis of a collaborative approach involving all stakeholders in the sectors. public and private, both at central and regional levels, in order to mobilize them around common objectives in the field of private investment and to ensure consistency with planned public investments.