Morocco Approves Six Investment Conventions

Published June 13th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Morocco’s inter-ministerial commission of investments has approved six investment conventions in the sectors of tourism, industry, cinema and fisheries, worth Dh1.83 billion (about $159.73 million), reported the official Maghrebe Arab Presse (MAP).  

The approved projects are expected to create nearly 3,000 jobs.  

The commission also discussed two projects in the cement industry and agri-business.  

The two projects are worth Dh1.0 billion ($90.9 million) and Dh650 million ($59 million), said MAP.  

The commission, set up in September 1998, has so far approved 112 investment projects worth Dh50 billion ($4.54 billion) – Albawaba.com 

 

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