MOROCCO TO BUILD INTEGRATED INDUSTRIAL POLES OF EXCELLENCE
(ANSAmed) - TANGIER, JULY 2 - Some USD 68.5 million have been
earmarked to build integrated industrial poles of excellence
(known by their French acronym PEII) to promote added-value and
job-generating sectors under a financing agreement chaired by
king Mohammed VI.
Signed by Economy and Finance minister Salaheddine Mezouar,
Industry, Trade and New Technologies minister, Ahmed Reda Chami,
and President of board of directors of Hassan II Fund for
Economic and Social Development, Abdelouahed Kabbaj, the
agreement is part of the national industrial strategy
"Emergence Program", Map news agency reports.
PEIIs are platforms hosting a set of activities (industrial
and commercial activities, training and research centers
institutions, basic services and possibly a housing area for the
platform employees). Two poles have been already identified, one
in Casablanca and another in Kenitra, to host aviation,
automobile and agricultural industries. PEII program, which will
be carried out in various regions of the North African country,
will focus on "global trades of Morocco."
The ten-year Emergence Program aims to create 440,000 job
opportunities, increase the Gross Domestic Product up by 1.6%,
and reduce trade deficit by 50%.
This program is based on two essential pillars: a competitive
modernization of the existing industrial fabric and targeting
the growth motors, notably export-oriented ones, which will
represent 70% of the industrial growth in 2015, and through
opting initially for 8 growth motors: off-shoring, car industry,
aeronautics, electronics, agri-food industry, sea products,
textile and handicraft. This industrial policy is also meant to
promote and develop a sector that represents only 8% of job
opportunities. The industrial sector, which constitutes 52% of
Moroccan exports, is dominated by agri-food industry and textile
(50% of industrial GDP). (ANSAmed).
2008-07-02 11:19