Paris Infraweek: Morocco, a leader in infrastructure in Africa (DG of AMDIE)

by times news cr

Speaking at a conference as part of‍ the inaugural day of “Paris Infraweek” (November 4 to 8), one of the main European meetings dedicated to infrastructure financing, Mr. Seddiki indicated that since the accession at⁣ the​ Throne of His Majesty King Mohammed VI, the Kingdom has made exceptional progress in the development of its infrastructure.

Morocco, he said, is “ranked number ⁢one for the quality of infrastructure in Africa.” Thanks to⁢ strategic investments in the port, ‍rail, road, ​air and⁣ digital sectors, the Kingdom offers‌ an attractive environment for​ cutting-edge companies and strengthens its global connections, underlined Mr. Seddiki during ‌this ⁢conference on the theme: ‌“Morocco -France-Infrastructures: towards new models of partnerships”.

He indicated in this context that the New Development Model (NMD) draws an ambitious roadmap for Morocco by ⁤2035, aiming to create “inclusive and​ sustainable growth”.

The Kingdom indeed aspires to strengthen regional connectivity through the expansion of road, rail and port networks, he said, ⁤emphasizing in particular the importance of improving⁤ the sustainable management of water and the development of new renewable energy capacities.

Morocco is ⁢committed to accelerating its energy transition by targeting 62% of its energy capacity from renewable sources⁣ by 2030 and by‌ developing ⁣infrastructure to support green hydrogen and batteries, ‌noted the DG of‍ AMDIE .

Highlighting the important role of private investment in favor of development, Mr. Seddiki specified that between 2011 and 2021 Morocco stood out for its dynamism in ‌terms of public-private partnership (PPP) with nearly 12 billion euros in cumulative transactions.

And to specify that as part of the deployment of⁢ the new investment charter, a portfolio of nearly 100 PPP projects estimated at nearly 14 billion euros is deployed in sectors such as transport, water, waste ​management, health and education.

Furthermore, the Moroccan official noted that‍ preparations for the 2030 World Cup also represent a catalyst for modernizing sports infrastructure, with a budget of 5 billion euros ‌planned for⁢ projects linked to this global competition, dedicated​ notably the construction and ⁣modernization of stadiums, as well as the improvement of transport infrastructure.

“We are co-organizing this World Cup with our European partners,⁢ we can co-write the new phase of socio-economic‌ development of the Kingdom, and enjoy the ‍Time of Morocco together,” concluded Mr. Seddiki.

Organized by the French Ministry of Economy and Finance and Paris Europlace – an organization representing the financial center ‌of the French capital, “Paris Infraweek” brings ‌together nearly 2,500 participants each year, from all ecosystems ⁤in the sector. Its objective is to​ decipher the latest trends in infrastructure development and financing, while promoting ‌the⁢ creation‌ of partnerships and cooperation, both on an industrial and financial level.

This edition, which is ⁣being held on the theme “infrastructure at the heart of global decarbonization”, focuses on the central role of the latter in the ⁣ecological and digital transition of economies, ⁢as well as⁤ in their contribution to ⁣green reindustrialization.

Interview ⁣between Time.news Editor and Mr. ‌Seddiki, Director General of AMDIE

Editor:⁢ Welcome, Mr. Seddiki! It’s an honor‌ to ‌have you with us.​ You recently spoke at the Paris Infraweek⁣ conference about Morocco’s⁣ remarkable ⁤progress ⁢in infrastructure⁢ development. What do you believe sets Morocco apart as a leader⁤ in⁢ infrastructure ⁣within Africa?

Mr. Seddiki: ⁢Thank you⁤ for having me! Morocco’s position as the number one country for⁣ infrastructure quality in Africa stems from several strategic initiatives ‌taken since King Mohammed VI‍ ascended the throne. We have made substantial investments in ​various sectors, including ports,‍ railways, roads, air ‍travel, ‌and digital infrastructure.​ These developments have created a conducive environment for businesses and enhanced ​our global connectivity.

Editor: That’s⁢ impressive. You mentioned the New Development Model (NMD)‌ aimed at fostering inclusive and‌ sustainable ⁣growth by 2035. Could you‍ elaborate on how this model will reshape Morocco’s infrastructure⁤ landscape?

Mr. Seddiki: Certainly. The NMD provides a comprehensive roadmap for ⁣our country’s development.‍ It emphasizes ⁤the importance ⁣of​ regional connectivity through the expansion of our transport⁢ networks—road, rail, and port ‌systems. Additionally, it highlights the need⁢ for sustainable water management and the growth of renewable energy sources. By 2030, we aim for 62% of our energy capacity to come from⁢ renewables, which will require significant infrastructure upgrades.

Editor: Renewable energy is undoubtedly‍ vital‍ for sustainable growth. What specific initiatives is Morocco pursuing to support this energy transition and the development⁤ of green technologies, such as hydrogen and batteries?

Mr. Seddiki:‌ We are committed​ to accelerating ​our energy⁣ transition⁤ by establishing infrastructure capable of​ supporting green hydrogen production and ​battery technologies. This involves collaboration with private⁢ investors and stakeholders‍ in the renewable energy sector. Our ​goal is not just to‌ meet our domestic energy ‌needs sustainably but ⁣also to position Morocco as a regional hub for ‌green technology.

Editor: ⁤Speaking⁤ of collaboration, you highlighted the role of public-private partnerships (PPPs) in Morocco’s development. Can you ⁣share some insights on the success of PPPs in infrastructure financing between 2011 ‍and 2021?

Mr. Seddiki: Yes, during​ that period,‌ Morocco witnessed⁤ a tremendous surge in PPP activity, with nearly 12 billion euros in cumulative transactions. This reflects⁢ a strong commitment from both the public‌ and ⁤private sectors to invest in infrastructure ⁢projects. By leveraging resources and expertise from private⁢ partners, we’ve been able ​to enhance the quality and efficiency ⁣of infrastructure development across the country.

Editor:‌ Morocco’s efforts are commendable. What challenges do you foresee in achieving these⁣ ambitious infrastructure goals, and how does‍ the government plan to⁢ address them?

Mr. Seddiki: While we⁣ are optimistic about our goals, challenges remain, including financing,‌ regulatory frameworks, and the need for skilled labor. To address these, we are continuously improving our regulatory environment to make it ⁢more conducive for investments. ⁣Additionally, we are focusing on training and capacity building to ​ensure we have the skilled⁤ workforce necessary to support ‍our ​infrastructure projects.

Editor:⁢ It sounds like Morocco is paving the way for ⁢a bright future. In your view, how can Morocco’s model be ⁢a source ⁢of inspiration for​ other countries in Africa aiming to improve their infrastructure?

Mr. Seddiki:⁣ Our⁣ success demonstrates the power of long-term vision, strategic⁣ investments, and strong public-private partnerships. Other ⁤African nations can adopt similar ‍models by prioritizing infrastructure as a foundation for growth and development.⁢ It’s about creating a cohesive strategy that engages various stakeholders and addresses the unique needs​ of each country.

Editor: Thank you, Mr. Seddiki, for sharing these insights. It’s clear that Morocco​ is​ on an exciting path towards ⁣sustainable development and global connectivity. We look forward to seeing how these⁣ initiatives unfold‍ in the years to come.

Mr. Seddiki: Thank ⁢you for the opportunity! ⁢We are excited about the future and remain committed to driving progress in Morocco and beyond.

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