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FinancialNews


  • 28-03-19

    28 investment initiatives to be launched in Morocco

    (MENAFN) Moroccan Prime Minister Saad Eddine El Othmani's office announced the government to have passed 28 investment initiatives.

    In a statement, the prime minister's office confirmed the USD2.4 billion projects to be expected to open 4,346 direct job opportunities and create 7,934 indirect employments.

    This comes following an Inter-ministerial Investment Commission meeting which was held on Wednesday with El Othmani as its head.

    Projects related to transport and infrastructure alone amounted for roughly 42 percent of the approved investments with USD994 million.

    Meanwhile, telecommunications projects accounted for almost 19 percent while tourism plans made up for 17 percent and industry for 12 percent.

    MENAFN2803201900450000ID1098312577

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