Southern Provinces Take Lion’s Share of Public Investments

Southern Provinces Take Lion’s Share of Public Investments

The region of Laayoune-Sakia El Hamra in Morocco’s Sahara will receive 17.8 billion dirhams in public investments in 2018, out of a total 57.65 billion dirhams allocated at the national level.

The Sahara region ranks first among the other 11 Moroccan regions with 30% of overall investment budget in 2018.

 

After Laayoune, comes the region of Rabat-Salé-Kenitra with 14.3% of the investment budget, followed by Casablanca-Settat with 14%, Souss-Massa with 12.63%, Draa-Tafilalet with 4.26% and Marrakech with 1.85%.

 

Morocco recently unveiled a comprehensive development project in Oued Eddahab worth $7 billion where renewable energies take pride of place.

 

Human development in the Sahara is above the national average as Morocco, since liberating the territory from Spanish colonialism in 1975, has been investing heavily to an extent that for every 1 dirham received from the region Morocco spends 7 dirhams.

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