The Minister Delegate to the Head of Government in charge of Investment, Convergence and Evaluation of Public Policies, Karim Zaidan, announced an ambitious plan for the development of the Fez-Meknes region during the fourth edition of the region’s Economic Forum. This plan includes programming investments worth 49 billion dirhams (equivalent to 4,900 billion centimes) by 2026.
The Minister confirmed that these massive investments are expected to contribute to creating about 57,000 new job opportunities, which will boost the region’s labor market and help improve the living conditions of the population. This initiative comes as part of the national strategy to enhance economic and social development at the regional level.
Zaidan emphasized the importance of creating a climate of trust to stimulate investment and improve the region’s attractiveness, pointing to high hopes at the regional level to improve the business climate and attract investments. The meeting also stressed the need to simplify investment procedures, facilitate communication with some administrations, and develop infrastructure, especially the establishment of industrial zones that comply with the required standards to meet investors’ needs.
This plan aims to enhance the region’s attractiveness by stimulating development projects that meet citizens’ needs and keep pace with global economic transformations. This announcement comes at a time when the region is witnessing growth in investments, as the Regional Investment Center in Fez-Meknes approved investment projects worth over 6.7 billion dirhams in 2023, which will allow the creation of 12,200 new and stable job opportunities.
With Morocco hosting the 2030 World Cup, additional opportunities emerge to enhance infrastructure and consolidate the position of the Fez-Meknes region as a globally competitive economic and tourist destination. These ambitious plans reflect the government’s commitment to achieving sustainable development and creating new job opportunities for youth, in line with the royal vision.