Casablanca Finance City center could create 80,000 jobs.
3 February 2014
Read by 2262 persons
The "Casablanca Finance City" (CFC) center, which is institutionally operational, could contribute 1 to 2% of GDP and create 80,000 direct and indirect jobs, said its CEO, Said Ibrahimi.
CFC "aims to be the benchmark economic and financial hub of the region," said Mr. Ibrahimi in an interview published Friday by the daily "L'Economiste," explaining that "the concentration of the world's largest institutions in Morocco will have an impact on the country's economy. In the long term, CFC could contribute 1 to 2% of GDP and could also create 80,000 direct and indirect jobs."
Asked about CFC's offer, Mr. Ibrahimi said that the center already has "an attractive value proposition that revolves around several aspects, the most important being an incentive tax package, a relaxation of exchange controls and a facilitation of Doing Business through the implementation of a +fast track+ including business creation, recruitment of foreign employees and obtaining their work permits, as well as obtaining business visas and residence permits."
Regarding the network's partnerships with other centers, the CEO of CFCF Authority stressed that CFC's partnership development strategy takes into account two important dimensions: The first concerns "the geographical diversification of partnerships in order to strengthen the connectivity of this center with benchmark financial centers on all continents" and the second concerns "the diversification of strategic cooperation axes in order to promote the exchange of expertise and capitalize on the best practices of our partners."
Like the partnerships concluded with Singapore, London, Luxembourg and Paris, CFC is working on "signing other partnerships, always in the same logic and in order to strengthen our expertise by relying on the best international standards," he said.
Regarding training, he specified that CFC Academy is working to launch several programs aimed at upgrading and enriching the offer in the field of financial and professional services.
The master's degree in financial engineering is already operational with the launch of its first class in September 2013, he added, indicating that discussions are underway on the launch of an international MBA.
Said Ibrahimi.
Atlasinfo.fr
With MAP
Published on January 31, 2014
Posted online on February 3, 2014.
CFC "aims to be the benchmark economic and financial hub of the region," said Mr. Ibrahimi in an interview published Friday by the daily "L'Economiste," explaining that "the concentration of the world's largest institutions in Morocco will have an impact on the country's economy. In the long term, CFC could contribute 1 to 2% of GDP and could also create 80,000 direct and indirect jobs."
Asked about CFC's offer, Mr. Ibrahimi said that the center already has "an attractive value proposition that revolves around several aspects, the most important being an incentive tax package, a relaxation of exchange controls and a facilitation of Doing Business through the implementation of a +fast track+ including business creation, recruitment of foreign employees and obtaining their work permits, as well as obtaining business visas and residence permits."
Regarding the network's partnerships with other centers, the CEO of CFCF Authority stressed that CFC's partnership development strategy takes into account two important dimensions: The first concerns "the geographical diversification of partnerships in order to strengthen the connectivity of this center with benchmark financial centers on all continents" and the second concerns "the diversification of strategic cooperation axes in order to promote the exchange of expertise and capitalize on the best practices of our partners."
Like the partnerships concluded with Singapore, London, Luxembourg and Paris, CFC is working on "signing other partnerships, always in the same logic and in order to strengthen our expertise by relying on the best international standards," he said.
Regarding training, he specified that CFC Academy is working to launch several programs aimed at upgrading and enriching the offer in the field of financial and professional services.
The master's degree in financial engineering is already operational with the launch of its first class in September 2013, he added, indicating that discussions are underway on the launch of an international MBA.
Said Ibrahimi.
Atlasinfo.fr
With MAP
Published on January 31, 2014
Posted online on February 3, 2014.
