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HM the King chairs opening ceremony of the 2nd meeting on industry
05/05/2011 - Général

HM the King chairs in Casablanca opening ceremony of the 2nd meeting on industry

Casablanca - HM King Mohammed VI chaired, on Thursday in Casablanca, the opening ceremony of the second meeting on industry.

* Seven partnership and industrial development agreements were signed between the government and economic operators.

- The Sovereign decorated Moroccan and foreign personalities for their contribution to the economic and industrial development of the Kingdom.


During this ceremony, a video was screened featuring the progress made in the National Pact for Emerging Industries (PNEI 2009-2015), signed on February 13, 2009 in Fez.

Subsequently, Industry Trade and New Technologies Minister, Ahmed Reda Chami, presented to HM the King the progress made in the implementation of the provisions of the Pact, which is a contract program of 111 measures involving the state and the private sector. These measures, he said, mainly aim at strengthening the competitiveness of SMEs, improving the business climate and promoting training.

"Morocco has managed to develop and market a competitive offer that meets the needs of investors" in the areas of offshoring, the automobile industry, aeronautics and electronics, the Minister said.

Speaking on this occasion, President of the General Confederation of Moroccan Enterprises (CGEM), Mohamed Horani, welcomed the setting up of SME support programs.

Referring to the 2020 vision of the CGEM, Horani said the goal is to raise the contribution of industrial companies to 550 billion dirhams of GDP by 2020, against 215 billion in 2010 (i.e. 28%).

For his part, President of the World Bank, Robert Zoellick, highlighted the relevance of the Moroccan industrial strategy, the choice of Morocco in the industrial and financial fields as well as its considerable efforts in this regard.

HM the King also presided over the signing ceremony of seven partnership and industrial development agreements between the government and many economic operators.

The first and second agreements concern the establishment of Nouaceur’s and Tangier’s industrial integrated platforms.

The third and fourth agreements provide for the creation of a public-private Investment Funds dedicated to financing SMEs, worth 430 million dirhams and 400 million dirhams respectively.

The fifth agreement concerns the definition of the conditions and modalities of the implementation of this project as well as the commitments of the parties.

The sixth agreement is related to the setting up of the program on promoting health and safety at work (2011-2014), while the last agreement focuses on the establishment and management of the Automotive Training Institute in the city of Kenitra.

The Sovereign also decorated several Moroccan and foreign personalities for their contribution to the Kingdom’s industrial and economic development.

The ceremony was attended by the Speakers of the two Houses of Parliament, advisers to HM the King, government members and several Moroccan and foreign economic operators.

Source: MAP