Morocco’s Council of Ministers adopted the draft framework law on the Investment Charter to direct investment towards productive sectors with high added value, strengthen the attractiveness of the Kingdom and make it a continental and international pole in FDI.

The new Investment Charter aims at further improving the business climate, facilitating the operation of investing and increasing the contribution of domestic and foreign private investment.

The new Investment Charter comprises a support system dedicated to strategic projects and three specific support systems for the promotion of SMEs and Moroccan companies that plan to develop their international capacities.

Parallel measures were taken to accelerate the work on simplifying and digitizing procedures, facilitating access to land, improving governance and strengthening the involvement of the private and banking sectors in the field of investment.

Useful link: https://competence-automation.ma/wp-content/uploads/2021/09/Doing-business-in-Morocco_Funding-and-Support-Program.pdf