Jul 07 2006 |
more articles from
|
Morocco: Foreign investment reaches MAD 20.2 billion
Foreign investments in Morocco reached MAD 20.2 billion by May 2006, said the Minister Delegate in charge of General Economic Affairs, Rachid Talbi El Alami.Speaking at the oral questions session in the House of Advisors, Talbi Alami underlined that this figure was registered before the conclusion of the investment agreements with the Emirati groups "Dubai Holding" and "Emaar".
The minister also pointed out that the total volume of direct foreign investments in 2005 rose to MAD 28 billion, stressing that this figure illustrates the efforts Morocco has made to promote foreign investments.
The minister also recalled the setting-up, on Sept. 28, 2005, of the national commission for investment, whose role is to ease the procedures relating to investment.
The French weekly Le Point said on Thursday that France was responsible for half the Euro 10 billion invested in Morocco between 2001 and 2005.
"French companies -38 of the CAC 40 companies- are present in Morocco," wrote the weekly in an article titled "Morocco: the boom of French investments."
Le Point also stressed that Morocco has defined its major development axes, mainly tourism, industrial sub-contracting, outsourcing, the food industry, textiles and handicrafts.
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment