News
27 Jun 2012
2 min read
58 entities were born last May: Creation of new cooperatives
A true lever for economic and social development, cooperatives are multiplying in the southern provinces. Their creation often relies on subsidies and support from the INDH or organisations such as the Southern Agency, the National Mutual Aid, or the Agency for Social Development. The opening of these cooperatives to new markets means that their activities, in addition to substantial profits, generate a significant number of jobs.According to the Office for the Development of Cooperation (ODCO), 58 new cooperatives were created last May in the three southern regions: 26 in the Guelmim-Smara region, 18 in Oued Eddahab-Lagouira, and 14 in the Laâyoune-Boujdour-Sakia El Hamra region. These cooperatives, which are divided between the agriculture, maritime fishing, and craft sectors, are expected to play an essential role, particularly in rural areas, in the fight against poverty and the str…
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