Industrial projects: 258 thousand job opportunities in pipes (forged).

Médias24: Morocco is becoming more attractive, that’s what you are actually saying.

fake riad: not already be so.

Most industrial investors and others have realized that this is happening in Morocco. Including Moroccans.

Project Bank: Exceeding Job Targets or Turnover

-Let’s move on to this famous project bank. Are you reaching your goals?

– We passed them.

The project bank was launched in the midst of covid, few people believed in it, companies were in a tough spot… and it took off very well.

I’ll give you some numbers:

Our target was 34 billion dirhams for replacement and 17 billion dirhams for exports.

What has been determined so far exceeds 67 billion dirhams for replacement and 72 billion dirhams for export. In total, we have a potential of 140 billion instead of 51 billion, as initially planned when the project bank was launched.

I should add that we still have other significant investments under consideration or discussion.

– How does this project bank work in practice? I look at the list, a sector or a project that interests me, I came to see you?

You look at the list, show us your interest, and we send you the items you need to provide regarding your business plan, financing, technology, etc. then we conduct a preliminary assessment of qualifications, and then we consider with you in more detail your business plan, what you want to do; We support you from start to finish, especially in the financial aspect.

It should also be noted that 60% of the projects in the Project Bank are extensions and this shows how attractive our country is.

When you sign an agreement with investors, it includes a functional commitment. But these are promises. How do we ensure its implementation?

– We have a date anyway. We know the jobs already exist, and we evaluate them every month, by CNSS Listings. This applies to all industrial companies.

– So, how many industrial jobs do we have today?

Morocco now has about one million industrial jobs.

During this term, the government pledged to create one million jobs, including 400,000 in industry. How are you going to do that?

The government comes with clear and specific goals: a special goal is to create 400,000 jobs Clear in the industry. So the goal is to create jobs and keep those that exist.

We work on it: the project bank, the strategy, the integration, the goals… All this develops the potential of jobs, in every ecosystem, every sector, every sub-sector.

The number of jobs created will be systematically checked at the CNSS level.

Today, we have already identified promising sectors and we already have good indicators.

If you refer to the agreements and memoranda of understanding signed since October 2021, 258,000 new jobs will be created, directly and indirectly.

258000 new industrial jobs in the pipe industry

– These posts are just statements from investors, do you believe them?

– I not only believe them, but I think they may be underestimated. why ? Because the state support system is linked to the number of jobs created and effective. We only pay the last stage of state support, that is, 30% of the investment premium, when the CNSS vouchers are validated and verified by our services.

So we have 258,000 temporary jobs that have already been signed and we’ve identified 168,000 direct and indirect jobs under the projects under study or in the qualification process we’re going to support. We must reach the goal of 400,000 jobs by the end of this government mandate, God willing.

– We were told that industrialists are suffering and that Morocco does not export enough industrial products.

– I do not deny in any way the suffering of the manufacturers, it is a real difficulty: the supply is not always easy, and the inputs are increasingly scarce; Manufacturers do a good job; Also there is the liquidity problem because the prices are higher and therefore they don’t necessarily have the credits to be able to meet the demand which is very good. But they respond. They suffer, but they respond.

We are very proud of them, proud of the results the manufacturers have achieved today and the position they are taking. They are in the process of shifting the test, to gain market share for our country, to seize the opportunities that the new turmoil in the global economy presents to them.

What is the secret of the success of the current industrial strategy?

– It is first and foremost a clear vision of His Majesty the King: making Morocco a center and employing all means to achieve this. This was done through hard work, sacrifices and a lot of infrastructure investment, but also through the signing of several free trade agreements, which were criticized but had the advantage of opening up the market and being a powerful encouragement to attract foreign investment and technology transfer. This explains the strong attractiveness of Morocco today and its ability to move forward.

Moreover, Morocco’s undeniable assets are political stability and macroeconomic stability, which is very rare in the region. We are perhaps the most attractive country in the region.

You say “we” when you talk about industrial policy. In fact, this remains an offshoring or even outsourcing industry. In the field of cars or aviation, the decisions are made by foreign companies. foreign countries. The real industry is design before manufacture. To have its own brands that radiate regionally.

– You should know that out of the 1,127 investment projects identified in the Enterprise Bank, 88% of the Moroccan capital comes.

Many of these foreign companies I mentioned use Moroccan skills. It was the Moroccans who designed AMI and we have many Moroccan engineers and designers that we can be proud of and who will be making Moroccan brands tomorrow. As such, the Innovation Promotion Scheme will be introduced at the beginning of the school year to reinforce this position.

Made in Morocco is no longer a slogan but a fact!

In the first half, industrial exports increased by 45%

– Moroccan exports benefited from a very positive price impact.

Yes, for some of them, such as fertilizers or agricultural products.

In terms of value and volume too, we do a very good job. There is an effect of price, but also in quantity, we sell more.

In the end, at the end of June 2022, the numbers speak for themselves: + 62% in the aviation industry, 32% in textiles and leather, 30% in automobiles and agri-food. Taking into account phosphate derivatives, total industrial exports increased by 45%, which is a real performance under the current global economic context.

Eventually, industrial exports will reach 500 billion dirhams annually

– What will be the future development? You definitely have goals and expectations.

We have a plan that we are testing that will increase the value of our exports by 120 billion dirhams. In the end, we will reach 500 billion dirhams in industrial exports.

Of the 120 billion projected, 70 billion are clearly identified in terms of product and market pairs.

– How reliable are these project papers?

We challenged all ideas and worked with the sectoral associations.

We set goals, we look at the target markets, we analyze them together, we look at how they are penetrated, what is needed, what is the competitiveness, what are the products, what is missing in the chain and we put what is necessary so that the respective operators can achieve their goals.

It is a program associated with 8 or 9 support systems ranging from funding to certification.

The certificate It is one of the biggest secrets of success, and not just for the food industry. In aeronautics, an important part of the job consists of supporting certifications. Once approved by the manufacturer, manufacturers can begin delivery.

– She talks about a program to boost exports and several support mechanisms. What are other devices apart from product and market pairs?

– investment support to adapt their products; Support in terms of studies and market assessment; In terms of logistics; Financing their customers: We will put in place mechanisms to ensure that the purchase of the product made in Morocco is financed by our foreign customers; These are guarantees backed by international organizations, which has never happened in Morocco; Japan, Korea and China have already done so, for example.

– You are defending the idea that green hydrogen produced in Morocco would be very competitive. What projects, what discussions, what investors? What is new in this area? Is there realization on the horizon?

Competitive, it really is.

I specify that this is energy production, so it is the responsibility of a certain management. As an industrial division, we are consumers and we also support the industrial process, at the level of electrolysis, storage, etc.

Morocco is one of the most interesting regions in the world for green hydrogen production. Perhaps the only place in the region in terms of competitiveness.

This obviously leads to a lot of interest from developers and operators.

In general, there is a very strong enthusiasm for Morocco regarding hydrogen production.

When will we have the first green hydrogen?

– He does not depend on us, and there is a ministry responsible for the matter.

How many will we produce?

-It is very difficult to say that today.


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