The Unified Regional Investment Commission (CRUI) of the Tanger-Tétouan-Al Hoceïma (TTA) region held, from January to June 2023, some 108 meetings during which 416 projects were approved, i.e., 62% of the projects examined during this period, exceeding the national rate, which is 58%, indicates a statement from the Regional Investment Centre (CRI), published on Friday, following the meeting of its board of directors (CA) for the month of June 2023. The number of approved projects recorded an increase of 86.5% compared to the same period of the year 2022, the same source specifies, noting that these projects will allow the creation of nearly 70,000 new stable jobs.

The Tanger-Tétouan-Al Hoceïma region thus maintains its attractiveness for investors, attracting projects from various sectors, the statement underlines, indicating that the balance sheet for the first half, presented by the DG of the CRI during this CA, was "encouraging". "As a key partner to successfully carry out their projects, the CRI-TTA has accompanied and supported the submission of 774 investment files, representing approximately 16.3% of the national total. The region thus positions itself as a preferred destination for investments, with a favourable business environment and promising prospects for the future," the same source emphasises.

These projects concern the sectors of renewable energies, high technology, manufacturing industry and tourism, among others, making Tanger-Tétouan-Al Hoceïma a fertile ground where innovative ideas flourish and prosper. The entry into force of the new Investment Charter and the continuous commitment of the regional investment ecosystem to create an environment conducive to business and foster innovation contribute to attracting investors in search of new opportunities. These projects, instructed by the CRUI within average timeframes lower than the national average and regulatory deadlines, mainly concern the industry sector with approximately 38% of approved projects, for an investment amount of 5.38 billion DH, with forecasts for the creation of more than 26,000 jobs, followed by the tourism sector with a quarter of approved projects worth 4.46 billion DH, which will allow the creation of more than 14,000 stable jobs.

The services and construction sectors position themselves in third and fourth place with, respectively, 8% and 7% of approved projects for investment amounts of 2.4 billion DH and 1.2 billion DH and which, together, will contribute to the creation of approximately 10,000 jobs. The commerce sector represents, for its part, 6% of approved projects with an investment of nearly 7 billion DH and more than 7,100 projected new jobs. Furthermore, during the first half of the current year, the CRUI of Tanger-Tétouan-Al Hoceïma approved 22 investment agreements, totalling more than 7.15 billion DH and allowing the creation of approximately 5,200 jobs.