Delegate Minister for Investment, Convergence and Public Policy Evaluation Karim Zidane affirmed that Morocco’s new support framework for very small, small, and medium enterprises strongly favors investment and job creation.
Speaking at the seventh regional information caravan stop dedicated to presenting the new framework in the Casablanca-Settat region, Zidane explained the operation implements the new Investment Charter according to Royal Directives promoting investment to revitalize the national economy and establish effective territorial equity.
The framework seeks to valorize each region’s resources and support young entrepreneurs with financial assistance representing up to 30% of project costs, he specified, noting Settat province’s potential in agricultural and industrial sectors. Settat Governor Mohamed Ali Habouha stated the caravan responds to small business managers’ questions and provides detailed information on mechanisms established by public authorities within the new framework.
While highlighting Morocco’s significant infrastructure advances in airport, port, and highway sectors, Habouha emphasized the private sector’s major role in wealth and employment creation. He underscored the National Human Development Initiative’s substantial contributions to this dynamic and Regional Investment Centers’ role in supporting entrepreneurs, concluding with calls to align university and vocational training with employment market requirements.
Regional Investment Center Casablanca-Settat Director General Salmane Belayachi presented detailed incentives introduced by the new small business framework, eligibility criteria, and access procedures, which are simplified and entirely digitalized.
Designed to publicize provisions contained in this new framework developed by the Investment Ministry implementing the new Investment Charter, the caravan launched November 26 in Sidi Bennour before stopping subsequently in Berrechid, Nouaceur, Benslimane, Casablanca, and Mohammedia. The initiative represents governmental efforts to decentralize investment promotion and ensure entrepreneurs across Morocco’s regions access support mechanisms facilitating business creation and expansion within the kingdom’s economic development priorities.
