377 projects approved in 2021

A total of 377 projects supported by state land were approved in 2021, for a projected investment of more than 273.57 billion dirhams (MMDH), according to the report on public land mobilized for investment accompanying the finance law (PLF) of 2023.

These projects cover a total area of ​​159,602 hectares (ha), allowing the creation of 24,028 expected jobs, indicates this report published on the website of the Ministry of Economy and Finance.

By regime, 99.5% of the projects were approved within the framework of the decentralized management of investments, concentrating more than 99% of the total surface area mobilized, which should drain an investment of 264.16 billion dirhams and generate 22,868 jobs, notes the same source.

And to add that two investment files were examined within the framework of the contracted regime, benefiting from approximately 1% of the total surface area mobilized.

In detail, the said report indicates that within the framework of the legislative and regulatory mechanism relating to the decentralized management of investment, the Regional Investment Centers (CRI) proceeded, through “the Unified Regional Investment Commission”, together with the external services of the Directorate of State Domains, to the examination of several investment projects having as support land belonging to the Private Domain of the State (DPE), located in various regions of the Kingdom.

In this regard, 375 projects have been approved covering a total area of ​​158,526 ha, of which approximately 95% is concentrated in the Guelmim-Oued Noun region.

With regard to the agreed regime, the government continued to examine and approve draft agreements and riders to be concluded with Moroccan and foreign investors.

These investment agreements grant a certain number of tax and customs advantages and exemptions, as well as the benefit of the State’s contribution to the costs of external infrastructure, vocational training and the acquisition of land, pursuant to framework law 18-95 forming the investment charter and article 7.1 of the finance law for the 1998-1999 budget year as amended.

Thus, the two investment files examined in 2021 concern the Energy and Education and Training sectors, for a total area of ​​1,075.9 ha and an investment of 9.41 billion dirhams.

This is the construction of a wind farm in Essaouira envisaged by the consortium Nareva Holding – Enel Green Power – Siemens Wind Power, declared winner of the call for tenders launched in 2012 by the National Electricity Office and drinking water (ONEE) for a minimum total capacity of 850 MW, on state land of 1,011 ha and an overall investment of 2.99 billion dirhams.

The second file concerns the construction of a Polytechnic University (OCP Group) in Salé (Sala al Jadida), on a land base of 64 ha, for an investment of 6.42 billion dirhams and 1,130 jobs to be generated.

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