Electronic Science – Fikri and Ali
On Thursday, June 6, 2023, the Spanish city of Seville hosted the activities of the second leg of business forums organized by the Regional Investment Center of the Tangier-Tetouan-Al Hoceima region, in cooperation with the Moroccan-Spanish Economic Council, and the General Confederation of Moroccan Enterprises, North Branch, in partnership with the Federation of Businessmen in the Andalusia and Andalucia regions. Trade in the presence of a Moroccan delegation comprising more than 200 participants representing the various components of the entrepreneurship system at the regional and national levels, along with Moroccan and Spanish officials and economic actors from different horizons.
During the four hours of this forum, the participants were on a date with rich presentations and interventions by many interlocutors, led by Mrs. Karima Benaish, Ambassador of the Kingdom of Morocco to Spain, President of the Federation of Businessmen in Andalusia, President of the Tangier-Tetouan-Al Hoceima region, President of the Moroccan-Spanish Economic Council, and General Manager The Regional Center for Investment, whose interventions allowed the Spanish partners to have a clear vision about the new prospects for investment in Morocco, and in the Tangier-Tetouan-Al Hoceima region in particular.
The forum was an opportunity, according to the organizers, to bring investors in Andalusia and Moroccans residing abroad closer to investment opportunities and the territorial offer of the region, as well as all the incentives and support mechanisms mobilized by the entrepreneurship system in light of the requirements of the new investment pact and the regional investment support fund.
In his speech, by the way, the Director of the Center, Mr. Jalal Benahion, mentioned that the economic take-off of the Tangier-Tetouan-Al Khoceima region positively affects the economy of Andalusia, and that the growth of the latter in turn enriches the growth of northern Morocco, adding that the region has benefited during the last two decades, thanks to the insightful vision. To His Majesty King Mohammed VI, from an economic dynamism based on deep reforms and structuring projects to develop infrastructure, and based on solid foundations and legitimate aspirations for the rise of our country.
Benhayoun stressed that this dynamism and efforts made it possible to play a major role in attracting direct investments in sectors with high added value, and attracting multinational companies in the economic and industrial zones of the region, explaining that the presence of the Regional Investment Center in Seville, accompanied by its regional and national institutional partners, concerned with the various stages of tracking and realizing projects The investment aims to strengthen its approach based on proximity and openness to the economic fabric of the Andalusian region, and to respond to the expectations of investors interested in the territorial offer of the region by bringing them closer to the qualifications of the field and the support mechanisms mobilized by the government, especially those granted within the framework of the new investment pact.
Mr. Benhayoun also clarified on the same occasion that there is a direct grant for investment that can reach 30% of the investment amount based on transparent criteria related to the productive sectors, the territorial field, and the number of direct jobs created, taking into account the volume of investment and the share allocated to women within the created job opportunities and the percentage Local inclusion and sustainability of future projects and professions.
Benhayoun expressed his great happiness to enable the Spanish and Moroccan partners to have a unique experience, as this second station formed bridges to link the two banks to develop new professions for the future within an appropriate and credible business climate. The Regional Investment Center, with the support of its partners, is committed to continuing their efforts for economic stimulation and promotion. For investment opportunities in the region at the national and international levels within future stations of the “Doing Business in Tangier-Tetouan-Al hoceima” forums
On this occasion, the Regional Center for Investment revealed the Spanish version of the “digital single window” to keep pace with investors, the “Investor Manar”, which allows the possibility of simulating and calculating the value of the expected investment grant within the framework of the new investment charter, in addition to a guide to the territorial offer of industrial zones and zones of economic activities in the region. The participants also listened to testimonies presented by major Spanish companies operating in the region, such as “Khil Gomez”, an investor in the fish valuation sector, ENDESA, an actor in the field of energy, and INDO, a player in the field of optics and eyeglasses, who shared their success stories and their assessments of the business climate in the region.
At the end of this forum, a visit to the port of Seville was organized for the benefit of the official Moroccan delegation, during which the port authorities expressed their aspiration to open a direct sea line towards the port of Tangier Med in order to benefit from the international radiation of the latter.