🇲🇦MoroccoNorth Africa
Morocco's industrial land reserves reach 15,000 hectares, with 1,800 hectares added in Casablanca region
via Le Matin1 min read
Morocco's Minister of Industry and Trade, Ryad Mezzour, announced that industrial land reserves have reached 15,000 hectares. In the last three months, 1,800 hectares were added in the Casablanca region, with further efforts planned based on demand. The ministry is committed to providing land at 600 dirhams per square meter for operators vacating warehouses, offering extended deadlines to facilitate continued investment in authorized activities. Mezzour stated that 1,960 projects have been approved by his department, with 86% having identified land. The remaining projects are pending precise territorial location or completion of financial arrangements, with efforts underway to support their financing. The minister also acknowledged potential procedural issues with the Investment Charter, particularly regarding the disbursement of investment premiums. He assured that the ministry is working to resolve these issues to boost investor confidence in the industrial sector, while also simplifying procedures and improving access to investment programs.
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This summary was AI-generated from a story originally published by Le Matin.
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