Casablanca – Morocco has approved a new package of investment projects worth approximately $4.33 billion, reinforcing its strategy to accelerate private investment, expand industrial capacity, and promote more balanced economic development across the country.

The approvals were granted during the 11th meeting of the National Investment Commission, which endorsed 29 new investment agreements under the country’s Investment Charter. The Commission also approved nine amendments to existing investment agreements, reflecting the continued expansion of projects already under implementation.

According to official government figures, the newly approved investments are expected to create around 9,800 jobs, including approximately 2,400 direct positions and 7,400 indirect jobs, supporting employment while strengthening several strategic sectors of the Moroccan economy.

The latest decisions are part of Morocco’s broader effort to attract domestic and foreign investment following the implementation of the Investment Charter in 2023, which introduced a new incentive system aimed at encouraging productive investment, regional development, innovation, and sustainable economic growth.

The approved projects will be implemented across 16 provinces and prefectures located in six regions of the Kingdom, reflecting the government’s objective of distributing investment more evenly beyond the country’s traditional economic centers.

Among the provinces expected to benefit from the projects are Al Haouz, El Jadida, Moulay Yacoub, Nador, Rehamna, and Taroudant, alongside several other locations.

The investment package spans 13 sectors of economic activity, illustrating the diversification of Morocco’s industrial and service economy. The projects include investments in tourism and leisure, chemicals and related industries, food processing, port infrastructure, aerospace, logistics, trade and distribution, telecommunications, waste treatment and recycling, renewable energy, and other industrial activities.

Government data indicate that the food processing industry is expected to generate the largest share of employment among the newly approved projects. The sector continues to expand as Morocco increases agricultural value-added production and food exports.

The chemical industry ranks second in terms of expected job creation, followed by the aerospace sector, which has become one of Morocco’s fastest-growing export-oriented manufacturing industries over the past decade.

Alongside the projects approved under the main investment framework, the National Investment Commission also endorsed three strategic investment agreements worth approximately $866 million. These projects are expected to create more than 2,700 direct jobs, while the Commission also approved an amendment to an existing strategic investment agreement.

The strategic investments focus on industries considered essential to Morocco’s long-term industrial transformation, including electric vehicle manufacturing, aerospace, and textile production.

They will be established in the regions of Casablanca-Settat, Rabat-Salé-Kénitra, Fès-Meknès, and Tangier-Tetouan-Al Hoceima, all of which host major industrial and export manufacturing clusters.

In addition, the Commission granted strategic investment status to three further projects representing approximately $2.99 billion in planned investment. Together, these projects are expected to create more than 1,100 direct jobs while benefiting from the dedicated incentives available to investments considered strategically important for Morocco’s economy.

The Commission’s latest meeting also reviewed the progress achieved under the Investment Charter, which has been fully operational since March 2023. According to official figures, the framework has facilitated the approval of 391 investment agreements with a combined value of approximately $53.61 billion over the past three years.

The Investment Charter was introduced to modernize Morocco’s investment policy through a performance-based incentive system that rewards projects according to criteria such as job creation, regional development, industrial integration, environmental sustainability, innovation, and strategic value.

Authorities say the framework has contributed to attracting larger industrial projects while encouraging investment across a broader geographic area. It also aims to support the emergence of high-value industries that can strengthen Morocco’s position within global manufacturing and supply chains.

The government has highlighted the Charter’s contribution to promoting stable employment, encouraging gender equality in economic participation, supporting sustainable development, and reinforcing Morocco’s industrial competitiveness through investments in future-oriented sectors such as renewable energy, electric mobility, advanced manufacturing, logistics, and circular economy activities.

The latest investment approvals come as Morocco continues to strengthen its position as a regional manufacturing and export platform serving European, African, and international markets. Ongoing investment in industrial infrastructure, logistics networks, renewable energy, and export-oriented industries has helped enhance the country’s attractiveness to both domestic and international investors.

With $4.33 billion in newly approved investments, nearly 9,800 expected jobs, and additional strategic projects targeting advanced manufacturing industries, the latest decisions by the National Investment Commission represent another step in Morocco’s efforts to diversify its economy, expand private-sector investment, and support long-term, sustainable economic growth.