June 2, 2023

Today, Friday, in the city of Guelmim, the events of the “Day of the Investor” started, organized by the Council of the Region of Guelmim Ouadnoun in partnership with the International Finance Corporation in the presence of the Royal Counsel André Azoulay, a group of ministers. and a number of economic actors in the public and private sectors.

Mbarka Buaida, head of the Guelmim Oued Noun region, said in a speech on the occasion that the organization of this investment day is a response to the royal directives included in the opening speech of Parliament in October 2022, and in accordance with the directions, a new investment pact within the spirit and ambitions of a new development model.

The President of the Region added that this event is an occasion to highlight economic, developmental and human qualifications, to see ambitious sectoral strategies in the Guelmim Oued Noun region and to learn about the investment advantages open to investors in the region. national and international levels.

She explained that the organization of the Investor Day in partnership with the International Finance Corporation (IFC) was due to the fact that the latter is one of the institutions working to promote investment and is one of the largest multilateral sources of financing through loans. and capital contributions for productive and economic projects, and it occupies a prominent place in the world economy in the context of economic globalization.

The same elected member added that among the objectives of this regional event, which has a national and international dimension, is to provide reliable and useful answers to the challenges associated with investing in the region, to highlight its opportunities and opportunities, to think about its future in terms of job creation, increasing the indicators of its development, increasing and strengthening its attractiveness.

Buaida stated that this event is an excellent opportunity to highlight the organization’s dynamics and its efforts to attract investment and create real investment opportunities, as well as an opportunity to ensure beneficial exchanges between different sectors and actors by opening new opportunities, mobilizing new investors and sharing experience and knowledge.

The same regional official said that the Guelmim-Oued Noun region is a promising space for investment in various areas of development, which gives activists and investors a real kiss for creativity and the construction of production units, with infrastructure provided by the state and territorial communities, such as the great Fasik Dam , Tiznit-Dakhla Highway Project, Guelmim Airport and University Hospital. In addition to what should be implemented in relation to facilities and other vital structured projects programmed under a program contract between the State and the Council of the Region.

In addition to these projects, Buaida mentioned the desalination and irrigation circuit in the vicinity of Tan Tan and the economic activity zone, the preparation and maintenance of flood water distribution orbits, the regional aquaculture development program, the restoration of the ports of Sidi Ifni and Tan Tan, the creation of new national and international flights and other projects that are included in the draft regional development program for 2022/2027, and she said: “This is a clear message from us to highlight the role and efforts of the regional council in supporting, protecting and promoting investment opportunities by providing basic infrastructure to ensure economic and social security in the region.

Mubaraka Buyda emphasized that the organization aims through this demonstration to open the doors of the region to numerous partnerships with public and private actors, as well as national and international partners, and to mobilize all relevant actors around a strategic roadmap through which the organization seeks to improve the business climate.

To this end, according to the same officials, a series of seminars has been planned that will shed light on various sectoral programs and strategies that provide a solid foundation for investment in the region, promising promising prospects in vital areas such as renewable energy, fisheries. , tourism and agriculture.

These seminars will provide an opportunity to enrich the discussion on various topics aimed at creating an enabling environment for entrepreneurship and unleashing the potential of companies to improve the path of investors, as well as to make efforts to mobilize the necessary funds to achieve a better economic recovery. , improve access to renewable energy and increase logistical competitiveness.

At the end of her speech, Buaida pointed out that Investor Day is an opportunity to identify work projects to be implemented and those to be accelerated in the region to improve the business climate in a sustainable and structured manner, especially by promoting and encouraging entrepreneurial activity, as well as providing investors with the mechanisms and means for investment success to ensure sustainable regional economic momentum.

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