According to the Moroccan Minister of Industry, Trade and New Technologies, Ahmed Reda Chami, investments continue to rise in all sectors in Morocco, despite the international crisis.
Speaking during a programme aired on Morocco's 2M TV, Chami said "investments continue to take place and they posted a rise compared to last year.There are more Moroccan investments than foreign ones," and Morocco "is a welcoming country that offers competitivity to foreign investors," Chami said.
Chami, who said Morocco continues to be a "low-cost" platform for foreign investments, regretted that "because of the crisis, some foreign investors decided to put off their investments."
He said: "Morocco aims to enlarge its foreign investments," and that the recently created Moroccan Agency for Investments Development (AMDI) will have representations abroad, notably in the USA, and Asia.
Morocco will also continue, "to be interested in European countries," "especially those which are not hit by the crisis," such as Germany, he said.
Tags: Moroccan Morocco Fes, Maghreb news
1 comment:
New investments rise are welcome, but what about the rise of the despicable "smig" minimum wage?
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