Rabat: Head of Government Aziz Akhannouch announced that his administration has approved 381 projects totaling MAD 581 billion as part of a new investment vision based on trust, clarity, and shared responsibility. This announcement was made during a joint plenary session of Parliament focused on reviewing the government’s performance.
According to Agence Marocaine De Presse, Akhannouch emphasized the accelerated implementation of the new Investment Charter, which is a key component of the government’s roadmap to increase the private sector’s contribution to national investment to two-thirds by 2035. The projects approved by the National Investment Commission are expected to create approximately 245,000 jobs, with 297 projects already validated under the new charter, accounting for MAD 513 billion in investments.
The Head of Government also mentioned support mechanisms for micro, small, and medium enterprises (MSMEs), which include targeted subsidies aimed at enhancing territorial investment and decentralized governance. Regional investment centers processed 209 projects, approving 33, which are expected to generate around 940 jobs.
He further highlighted that foreign direct investment revenues saw a significant increase, rising from MAD 32.5 billion in 2021 to nearly MAD 56 billion in 2025. This is part of ongoing efforts to improve the business climate in Morocco.
In terms of public investment, Akhannouch noted an increase from MAD 230 billion in 2021 to nearly MAD 380 billion in 2026. This growth underscores the importance of infrastructure development in Morocco’s overall development strategy, which is being championed under the leadership of His Majesty King Mohammed VI.
Akhannouch also pointed out substantial growth in industrial exports, which reached around MAD 408 billion in 2025, marking a 44.5% increase compared to 2021. The automotive and aeronautics sectors have been significant contributors to this growth.
On the energy front, he reported progress in the transition to renewable energy, with its share in the electricity mix increasing from 37.1% in 2021 to about 46.1%. The launch of a green hydrogen initiative, which has attracted over 40 investment proposals, includes eight approved projects valued at approximately $43 billion.
In tourism, Akhannouch noted that Morocco has solidified its position as a top global destination, with around 19.8 million visitors, reflecting a 53.5% increase compared to 2019. The sector generated record revenues of MAD 138.1 billion.
He also mentioned improvements in public finance indicators, with the budget deficit reduced to 3.5% in 2025 from 5.5% in 2021, and public debt declining to 67.2% of GDP.
Akhannouch concluded by stressing that these achievements are the result of ongoing structural reforms, with economic growth accelerating from 1.8% in 2022 to 4.8% in 2025. The country has also seen the creation of approximately 850,000 jobs between 2021 and 2025, averaging nearly 170,000 annually.