Tamwilcom presents in Tangier the mechanisms dedicated to financing the projects of Moroccans around the world

by times news cr

This meeting was an opportunity to present Tamwilcom’s global offer, as well as the new features for 2024, in particular the new version of the MDM INVEST product and the new MDM TAMWIL financing product, which will be deployed by the banking sector and which offer advantageous conditions to Moroccans around the world wishing to invest in the Kingdom.

MDM INVEST is an evolution of the existing product, offering eligible companies an investment bonus of 10% of the cost of the project, with a ceiling of 5 million dirhams (MDH). The financing involves a minimum participation of 20% in equity for the beneficiary company.

On the other hand, MDM TAMWIL is presented in the form of complementary financing to bank credit. Tamwilcom’s share, amounting to 1 to 5 MDH (without being higher than that of the bank), will benefit from an interest rate of 2.5% excluding taxes (HT). For the bank share, the interest rate will be that of the market.

In this regard, the general manager of “Tamwilcom”, Hicham Zanati Serghini, stressed that the launch of these new financing mechanisms is part of the implementation of the High Instructions of HM King Mohammed VI, calling for strengthening the involvement of MREs in the dynamics of socio-economic development of the country, noting that “Tamwilcom” has set up a specific offer of services and mechanisms capable of giving new impetus to investments by Moroccans from around the world in Morocco.

In this context, he highlighted the mechanisms “Fund to support investment by Moroccans residing abroad” (MDM Invest) in its new version and “Co-financing of projects by Moroccans residing abroad” (MDM Tamwil), stressing that the main objective of these two mechanisms is to facilitate investment and access to financing for Moroccans around the world wishing to launch projects in Morocco.

For his part, the representative of the Ministry of Economy and Finance, Mohamed El Idrissi, indicated that the government, in application of the High Royal Instructions, calling for mobilizing efforts to serve Moroccans around the world and strengthen their ties with the motherland, has put in place strategies and plans to realize the royal vision, noting that the ministry contributes to several projects aimed at providing the necessary funding.

He emphasized the granting of important attributions to Tamwilcom to give new impetus to the support and guarantee mechanisms, particularly in favor of small and medium-sized enterprises and startups, in addition to developing a new design of the financing mechanisms for the projects of Moroccans around the world.

Other interventions highlighted the efforts made to mobilize the skills of MREs and network their expertise in the service of the socio-economic development of Morocco, as well as increase their contribution to investments in various productive sectors.

To benefit from the advantages offered by the MDM INVEST, MDM TAMWIL and other Tamwilcom financing mechanisms also open to diaspora projects, it is imperative to turn to local banks, as a key partner in the financing process.

This event was marked by the participation of major players in supporting investments by Moroccans around the world, who actively contributed to the establishment of these new systems, including the Ministry of Economy and Finance, the Ministry of Foreign Affairs, African Cooperation and Moroccans Residing Abroad, the Ministry of Investment, Convergence and Evaluation of Public Policies, the Professional Group of Moroccan Banks (GPBM), the General Confederation of Moroccan Enterprises (CGEM) and the Moroccan Agency for the Development of Investments and Exports (AMDIE).

This meeting, which took place in the presence of the regional banking sector and members of the diaspora, also made it possible to present a set of investment support and assistance measures deployed in particular by AMDIE and the 13th Region of the CGEM and intended to actively support the entrepreneurial ambitions of Moroccans around the world and to stimulate the country’s economic development.

2024-08-25 15:15:22

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