Nangbeto hydropower plant

Morocco, China Teem up to Build $10 bln Industrial Hub Near Tangiers

Set to diversify its global economic partners, Morocco partnered with China to build the Mohammed VI Tangiers Tech city as part of efforts to boost industrialization in the country. King Mohammed VI chaired a ceremony to sign the financing agreement of the $10 billion project which will be funded by Chinese group HAITE (002023.SZ), BMCE’s […]

US State Department highlights assets making of Morocco a foreign investments magnet

The US State Department has highlighted the assets that make of Morocco a magnet for foreign investments, such as its positive macro-economic policies, trade liberalization, and structural reforms. “Morocco actively encourages and facilitates foreign investment, particularly in export sectors like manufacturing, through positive macro-economic policies, trade liberalization, investment incentives, and structural reforms,” said the US […]

Members of new ad-hoc committee for development model unveiled

King Mohammed VI has appointed Thursday the members of the new ad-hoc committee for the development model set up recently. The committee, chaired by Morocco’s ambassador to France Chakib Benmoussa, who was named to the position last Nov.19, is composed of 35 members with diverse academic and professional backgrounds. The members have in-depth knowledge of […]