Morocco has approved an ambitious wave of 1,839 industrial projects valued at over $12.5 billion, in a bold move aimed at reinforcing the country’s industrial sovereignty, reducing import dependency, and strengthening its position as a competitive, low-carbon manufacturing hub.
The announcement was made Monday by Moroccan Minister of Industry and Trade, Ryad Mezzour, during a parliamentary session at the House of Representatives.
Represented by Secretary of State for Foreign Trade Omar Hejira, Mezzour outlined the transformative potential of these investments, which are projected to create nearly 180,000 manufacturing jobs across the kingdom.
The projects, approved up to June 10, involve a total investment of 124.9 billion dirhams ($12.49 billion). According to Mezzour, the initiative aligns with Morocco’s wider industrial strategy to boost local production and substitute imported goods with domestically manufactured alternatives.
“This initiative aims to increase national production of goods that can be produced in Morocco to replace imported products,” said the minister.
The effort is a cornerstone of a broader economic vision to reduce Morocco’s trade deficit while building resilient supply chains.
Mezzour also praised the progress of Morocco’s industrial sector under the leadership of King Mohammed VI, crediting two decades of strategic planning and structural reforms.
He emphasized that the COVID-19 pandemic served as a catalyst for a renewed national strategy—one that places decarbonization and self-sufficiency at its core.
The current roadmap is designed to transform Morocco into a sustainable and globally competitive industrial platform.
With a strong emphasis on low-carbon production, the government aims not only to meet domestic demand but also to enhance the country’s attractiveness to international partners seeking greener supply chains.
The validation of these industrial projects marks a major milestone in Morocco’s economic development.
As the country moves toward greater industrial independence, it also signals its readiness to lead in the emerging era of green manufacturing in Africa and beyond.
