Economy

Beijing: Karim Zidane Highlights Investment Opportunities in Morocco to Chinese Companies

In Beijing, the Minister Delegate for Investment, Convergence, and Public Policy Assessment, Karim Zidane, highlighted the significant investment opportunities that Morocco offers to Chinese companies, inviting them to enhance their presence and fully benefit from the incentive mechanisms established by the Kingdom.

This statement was made during discussions with Ren Hongbin, the President of the China Council for the Promotion of International Trade, in the presence of the Moroccan Ambassador to China, Abdelkader El Ansari.

An Attractive and Competitive Business Environment

The Minister emphasized that Morocco provides investors with a transparent, competitive framework conducive to business development. He reaffirmed his department’s readiness to assist Chinese enterprises in realizing their investment projects.

This initiative aligns with the array of reforms undertaken by the Kingdom to bolster the competitiveness of its economy and enhance its business climate.

Enhanced Strategic Cooperation between Rabat and Beijing

Karim Zidane noted that this meeting is part of the ongoing high-level exchanges between Morocco and China, aimed at giving new momentum to bilateral economic cooperation and exploring new mutually beneficial partnership opportunities.

He also stressed that the relations between the two countries, elevated to the status of strategic partnership since 2016, provide a solid foundation for deepening cooperation across various sectors.

Economic Reforms and Morocco’s Rise

The Minister underscored the structural reforms initiated under royal guidance, aimed at enhancing the competitiveness of the national economy and positioning Morocco as an attractive investment destination.

He pointed out that the new Investment Charter plays a central role in this dynamism, with the approval of 381 projects totaling approximately 580 billion dirhams and the creation of over 245,000 jobs.

Growing Interest from Chinese Investors

Karim Zidane highlighted that China is among Morocco’s key economic partners, with foreign direct investment flows estimated at approximately 2 billion dirhams by 2025, reflecting the increasing confidence of Chinese actors in the Kingdom’s business environment.

He encouraged Chinese companies to fully take advantage of the incentives offered by the Investment Charter to develop high-value-added projects integrated into global and regional value chains.

Opportunities Linked to Major Projects and the 2030 World Cup

The Minister also stressed the opportunities presented by major structural projects underway in Morocco, particularly in light of the upcoming 2030 World Cup, which opens significant prospects in infrastructure, logistics, sustainable mobility, and services.

Finally, he highlighted the potential for a tripartite cooperation framework involving Morocco, China, and Africa, viewed as a strategic lever to support the continent’s industrialization and foster win-win partnerships.

Moroccan Participation in a Major International Trade Show

These statements were made on the sidelines of Morocco’s participation in the 4th International Supply Chain Exhibition, held in Beijing from June 22 to 26 under the theme “Connecting the World for a Shared Future.”

This event brings together over 1,200 companies and organizations from 85 countries and is the world’s first trade show fully dedicated to supply chains.

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