Fes–Meknes Region Accelerates Investment Pace: Thousands of New Companies Boost the Regional Economy

The Fes–Meknes region recorded a remarkable dynamism in business creation between January and the end of last October, reflecting growing interest in investment and increased economic activity in the region, according to official data released by the Moroccan Office of Industrial and Commercial Property.

The same data indicate that 6,351 new companies were created during the period in question, spread across both corporate investments and individual initiatives. Companies established by legal entities accounted for the largest share, with a total of 4,101 firms, compared to 2,247 companies founded by natural persons. This distribution highlights the diversity of economic initiatives and a relative balance between structured investment and individual entrepreneurship.

From a territorial perspective, the city of Fez continued to lead regional investment activity, hosting 3,029 newly created companies, followed by Meknes with 2,073 companies. The remaining projects were distributed across other provinces of the region at lower rates, including Taza (456), Sefrou (286), and Taounate (231). This confirms the continued concentration of economic activity in major urban centers, alongside emerging growth prospects in other provinces.

Sector-wise, trade maintained its leading position, accounting for 36.01 percent of newly created companies, followed by construction, public works, and real estate activities at 22.03 percent, and various services at 15.23 percent. Meanwhile, the industrial sector contributed around 8.26 percent, reflecting a diversified economic fabric also supported by agriculture, transport, tourism, and information technology activities.

At the national level, the number of newly created companies exceeded 92,000 during the first ten months of the year, with the Casablanca–Settat region topping the list. The Fes–Meknes region ranked fifth, confirming its position among the regions making a significant contribution to the Kingdom’s economic dynamism.

Despite these positive indicators, continued support for investment, simplification of administrative procedures, improvement of the business climate, and stronger protection for investors remain among the key challenges to ensuring the sustainability of this momentum and enhancing wealth creation and job opportunities, within an economic context marked by growing challenges.

Source: Fes News Media

About omar qlil