Partnership agreements related to the projects selected as part of the second edition of the Sustainable Industrial Zones Fund (FONZID II) were signed on Tuesday in Rabat, in the presence of the Minister of Industry and Trade, Ryad Mezzour.
Thus, eight projects were selected following a call for projects for a total investment of nearly 989 million dirhams (MDH), of which 138 MDH is financed by the Fund, with the aim of strengthening the supply of quality industrial land through the creation, extension, and rehabilitation of industrial zones according to sustainable, inclusive, and competitive standards.
These include the creation of an industrial zone in Oued Zem, the establishment of a new economic activity zone in Ameur, the creation of an integrated and sustainable industrial park in Taroudant, the requalification of the industrial zone of Ait Melloul and the multi-service center of the industrial zone of Ain Chkef, the development of an industrial park in Mohammedia, the transformation of the industrial zone located in the Tanger-Tétouan-Al Hoceima region into a green industrial zone, and the creation of a Fertiparc in Khouribga.
Speaking on this occasion, Mr. Mezzour stated: “The signed agreements strengthen our ongoing objective to develop an innovative model of sustainable industrial zones.”
He emphasized that this “mechanism, which strengthens the supply of industrial land, will stimulate investment and improve the productivity and economic, social, and environmental performance of companies established in our country.”
Furthermore, Mr. Mezzour reaffirmed his department’s commitment to making these projects “examples of success and development levers to position the Kingdom among the regional leaders in sustainable industry.”
For his part, the Director of Industrial Zones at the Ministry of Industry and Trade, Akram Allaoui, indicated that these strategic partnership agreements pursue three essential objectives: the rehabilitation and modernization of existing industrial zones, the development of new industrial zone projects, and the creation of new industrial zones dedicated to the trade sector.
This fund supports selected projects with a grant of up to 50% of the total investment amount, capped at 30 MDH for creation or extension projects, and 20 MDH for rehabilitation projects.
Through this support, FONZID II aims to contribute to improving territorial attractiveness, creating sustainable jobs, and accelerating the transition to a greener and more resilient industry.
Launched by the Ministry of Industry and Trade, FONZID II continues the first edition of FONZID, established jointly by the ministry and the MCA-Morocco Agency as part of the “Compact II” cooperation program, concluded between the government of the Kingdom of Morocco and the government of the United States of America, represented by the Millennium Challenge Corporation (MCC).