Morocco's Pace of Development Projects
30 July 2012
Read by 1549 persons
The thirteen years of King Mohammed VI's reign have been marked by large-scale development projects in Morocco.
Many large-scale projects have been launched throughout the Kingdom under the leadership of King Mohammed VI. To fund these numerous projects, the Moroccan government has used the substantial revenues from phosphates, tourism, and Moroccans living abroad (MREs), as well as foreign aid, particularly from the United States and Europe.
No sector has been neglected, from road and highway networks to renewable energy, including road and rail transport, ports and airports, industry, tourism, agriculture, and maritime fishing. The social aspect has not been overlooked, as the King, who travels throughout his Kingdom year-round, personally supervises the launch and inauguration of major projects and many other smaller or medium-sized ones.
These projects are part of the ambitious program of the National Initiative for Human Development (INDH) and are designed to lift as many families as possible out of poverty by providing them with the opportunity to have decent and permanent incomes.
The latest mega-projects include the Tangier-Med port and the high-speed rail line between Casablanca and Tangier, which are currently under construction and are a source of pride for Moroccans.
It is also important to mention the sectoral development plans, which certainly involve enormous sums of money but have an undeniable impact on society and its well-being.
This includes the Azur Plan, which provides for €9 billion in investment in projects aimed at attracting 10 million tourists by 2016. This ambitious plan is reinforced by "Vision 2020", launched on November 30th in Marrakech in the presence of King Mohammed VI, which aims to make Morocco one of the top 20 tourist destinations in the world.
The tertiary sector also had its "Plan Maroc Vert", which aims to modernize and upgrade the agricultural sector through the implementation of 9,000 projects at a total cost of €20 billion. In the maritime fishing sector, the Halieutis Plan, with a budget of $1 billion, is designed to restructure the sector and increase its productivity.
Specifically designed for crafts, the "Vision 2015" strategy plans, among other things, the creation of 120,000 new jobs. As for the Emergence Plan, it has been specifically designed for the industrial sector. This plan aims to create 440,000 jobs in the automotive, aeronautical, electronics, food, and textile sectors. Morocco's new energy strategy should increase the share of renewable energies (wind and solar) to 14% of national electricity production with the implementation of five new solar power plants. In thirteen years, King Mohammed VI has virtually transformed his country into a large open construction site, placing it in the exclusive club of emerging countries such as China, India, and others.
Statut-avance.com
Published July 30, 2012.
Posted online July 30, 2012.
Many large-scale projects have been launched throughout the Kingdom under the leadership of King Mohammed VI. To fund these numerous projects, the Moroccan government has used the substantial revenues from phosphates, tourism, and Moroccans living abroad (MREs), as well as foreign aid, particularly from the United States and Europe.
No sector has been neglected, from road and highway networks to renewable energy, including road and rail transport, ports and airports, industry, tourism, agriculture, and maritime fishing. The social aspect has not been overlooked, as the King, who travels throughout his Kingdom year-round, personally supervises the launch and inauguration of major projects and many other smaller or medium-sized ones.
These projects are part of the ambitious program of the National Initiative for Human Development (INDH) and are designed to lift as many families as possible out of poverty by providing them with the opportunity to have decent and permanent incomes.
The latest mega-projects include the Tangier-Med port and the high-speed rail line between Casablanca and Tangier, which are currently under construction and are a source of pride for Moroccans.
It is also important to mention the sectoral development plans, which certainly involve enormous sums of money but have an undeniable impact on society and its well-being.
This includes the Azur Plan, which provides for €9 billion in investment in projects aimed at attracting 10 million tourists by 2016. This ambitious plan is reinforced by "Vision 2020", launched on November 30th in Marrakech in the presence of King Mohammed VI, which aims to make Morocco one of the top 20 tourist destinations in the world.
The tertiary sector also had its "Plan Maroc Vert", which aims to modernize and upgrade the agricultural sector through the implementation of 9,000 projects at a total cost of €20 billion. In the maritime fishing sector, the Halieutis Plan, with a budget of $1 billion, is designed to restructure the sector and increase its productivity.
Specifically designed for crafts, the "Vision 2015" strategy plans, among other things, the creation of 120,000 new jobs. As for the Emergence Plan, it has been specifically designed for the industrial sector. This plan aims to create 440,000 jobs in the automotive, aeronautical, electronics, food, and textile sectors. Morocco's new energy strategy should increase the share of renewable energies (wind and solar) to 14% of national electricity production with the implementation of five new solar power plants. In thirteen years, King Mohammed VI has virtually transformed his country into a large open construction site, placing it in the exclusive club of emerging countries such as China, India, and others.
Statut-avance.com
Published July 30, 2012.
Posted online July 30, 2012.
