Fès-Meknes: Conference on investment opportunities in the region

“Project Bank and TATWIR Program: investment opportunities in the Fès-Meknes region” is the theme of a webinar organized on Wednesday in Fez by the Regional Investment Center (CRI). Initiated in partnership with the Ministry of Industry, Trade, Green and Digital Economy, Maroc-PME and the Moroccan Agency for Energy Efficiency (AMEE), this webconference was the opportunity to present to stakeholders public and private, as well as investors and project leaders, the multiple investment opportunities offered by the Fez-Meknes region in different fields of activity. The Director General of CRI Fès-Meknes, Yassine Tazi, recalled that the bank of projects aimed at strengthening and revitalizing the national industrial fabric and the “Tatwir” program relating to the green transformation of small and medium-sized enterprises and industrial startups are part of the framework the 2021-2023 Industrial Recovery Plan (PRI) implemented by the ministry. This meeting, he said, aims to take stock of the industry sector, which has demonstrated its resilience during the period of the Covid-19 pandemic and to expose the potential to be reconquered, through the strategy substitution of imports, adding that this is an opportunity for investors to discover the support system put in place, in particular through the project bank presenting investment opportunities at the regional level, as well as that the “War Room” team dedicated to supporting project leaders. Mr. Tazi also said that this meeting is an opportunity to present the “Tatwir” program, an integrated offer including investment support, innovation support and technical assistance for industrial SMEs investing in promising sectors, in particular green growth, industrial innovation and industry 4.0. For his part, the general manager of Maroc-PME, Brahim Arjdal, emphasized the new generation of support programs for very small and medium-sized enterprises (VSEs), specifying that the Tatwir program to support decarbonization aims to support the green growth of production units. Other participants highlighted the importance of the 2021-2023 industrial recovery plan and the project bank unveiled by the Ministry of Industry, Trade, Green and Digital Economy in various strategic sectors, while announcing investment opportunities in the Fès-Meknes region, including the Fès-Shore site, Agropolis de Meknes, logistics platforms, industrial zones, the region’s university center and the quality of its human capital training. This meeting was marked by the signing of three partnership agreements. The first agreement, concluded between the IRC Fès-Meknès and AMEE, concerns support for industrial companies in the region to accelerate the transition to a low-carbon industry, in particular through the performance of energy and environmental audits, implementation of an energy management system and advice to benefit from the financing of the “TATWIR green growth” program. The second agreement binds the CRI Fès-Meknes and the Société Générale Marocaine des Banques and provides support for investors to access the Green Value Chain (GVC) financing program, aimed at improving the sustainable competitiveness of companies and support for financing SMEs forming part of industrial ecosystems, wishing to integrate more efficient value chains with higher added value. The third agreement, signed between the CRI Fès-Meknes and the Attijariwafa bank group, essentially aims to set up a support system dedicated to industrial investors in the Fès-Meknes region, through technical expertise, design tailor-made financing solutions, the provision of digital platforms or even professional networking (business networking) for companies wishing to develop export activities, particularly to the African market.