Morocco’s Minister Delegate for Investment, Khalid Zidan said the country’s diaspora is increasingly engaged in supporting Morocco’s economic growth, with the government introducing new initiatives to attract their investments and boost job creation across the nation.
Speaking in a special interview with Hespress AR, Zidan noted concrete shifts in the way Moroccans living abroad relate to their home countries, moving beyond merely talking about their connection to Morocco in a political or emotional sense, and instead are now actively believing in and engaging with Morocco’s potential for real success and innovation.
“Moroccans abroad love their country, and this is not just rhetoric; it’s a proven fact,” the minister, who spent over 30 years in Germany before taking on his current role, said.
Zidan said that Moroccans abroad invest not just for profit, but out of a deep sense of loyalty and responsibility to their hometowns.
With their global experience, they bring a unique advantage, and the government is focused on unlocking this potential by making investment opportunities more accessible.
Since his appointment, Zidan’s ministry has been laying the groundwork for a more inviting business climate. He outlined the government’s goal to mobilize 550 billion dirhams and create 500,000 permanent jobs by 2026, with 171 investment projects already approved.
These initiatives are expected to generate 123,000 new jobs across Morocco. Zidan pointed out that under the leadership of King Mohammed VI, Morocco’s investment landscape has undergone significant reforms, including the new investment charter designed to simplify processes for both local and foreign investors.
He also said that his ministry is developing an AI-driven platform to provide detailed, multilingual investment guidance for Moroccans abroad, as well as promotional tours in Morocco and abroad, to showcase investment opportunities and Morocco’s business-friendly environment.
“We are enhancing the visibility of Morocco’s investment prospects on the global stage,” Zidan noted, emphasizing the country’s attractive infrastructure, favorable trade agreements, and dynamic, youthful workforce.
Morocco’s automotive sector also received praise from the minister.
Zidan described the country’s progress in car manufacturing and export as “exceptional”—a feat that would have seemed impossible just a few years ago.
With major companies, especially those in the electric vehicle supply chain, investing in Morocco, the minister sees the automotive industry as a key pillar of the country’s economic transformation.
Despite challenges such as crises and natural disasters, Zidan is confident in the government’s direction. He stressed that while these obstacles have impacted the pace of reforms, Morocco is positioned for greater success in attracting global investment.
“We are committed to balancing national development with improving the living standards of all Moroccans, especially the most vulnerable,” he said, referring to the government’s focus on strengthening Morocco’s social state.
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