Morocco's Laayoune region seeks French investment at Paris economic forum

The Laayoune-Sakia El Hamra region of Morocco is actively seeking French investment, participating in an economic forum in Paris. This initiative follows the French ambassador's visit to Laayoune, signaling growing economic ties between Morocco and France.

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The participation of the region in the Moroccan-French Economic Day in Paris falls within the framework of promoting the economic potential of the Kingdom's southern provinces and leveraging the dynamics of Moroccan-French relations to attract new investments and open broader horizons for partnership with French economic actors.

During the forum, organized in partnership with the Moroccan Embassy in France and the Paris Chamber of Commerce, the region's economic potential was presented. Mohamed Jaafer, head of the Regional Investment Center, showcased opportunities in renewable energy, fishing, the blue economy, industry, logistics, and tourism. He highlighted the region's strategic location as a gateway to Africa and its recent development under a new model for the southern provinces, which includes modern infrastructure and an attractive business environment.

Jaafer stressed that Laayoune-Sakia El Hamra is becoming a prime investment destination due to its strategic position and development initiatives. The region offers promising investment prospects within the framework of the development vision for Morocco's southern regions. He also detailed the center's mechanisms for supporting investors, including simplified procedures and accelerated processing of investment files, aiming to enhance the region's competitiveness.

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The Laayoune-Sakia El Hamra region has become a highly competitive investment destination, thanks to the major development projects launched within the framework of the new development model for the southern provinces, which has resulted in modern infrastructure, a stimulating business climate, and a strategic location that makes the region a platform for opening up to African markets.

The participation underscores the dynamic relationship between Morocco and France, opening new avenues for economic cooperation, particularly in Morocco's southern regions. French investors are showing increasing interest due to the region's stability, natural resources, modern infrastructure, and potential for expansion into African markets. Jaafer reiterated that the region offers competitive advantages and a supportive framework for major projects.

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The Regional Investment Center supports investors in various stages of their projects, by simplifying procedures, reducing processing times, and providing necessary institutional support, with the aim of facilitating investment and improving the business climate.