Special economic zones and investor packages
Description
The flagship reform “Special economic zones and investor packages” aims to promote the conditions for strong development of national and international investments, by establishing a sufficiently attractive regulatory framework to increase Foreign Direct Investment (FDI) from 2% of GDP in 2013, to bring it towards 6 to 8% by 2023.
This involves in particular adopting the legislative and regulatory texts relating to special economic zones, defining the incentive regimes intended to enable better attractiveness of special zones dedicated to the industrial, agricultural and service sectors.
Furthermore, the development of a national SEZ development plan is planned in order to create SEZs throughout the territory. Certain projects located outside SEZs, but having strategic value, will also be eligible for specific incentive schemes (investor packages).
Major Achievements:
- Four Special Economic Zones (SEZs)
Outlook 2023:
- Implementation of a new development strategy for the Diass SEZ, notably Tanger Med
- Mobilization of resources with the assistance of BOAD and other private partners for the financing of primary networks and the development of the Diass SEZ
