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Monday, July 15, 2024

Laayoune-Sakia El Hamra Region Seeks to Attract U.S. Investment

On the occasion of the Morocco-US investment meeting held Friday in New York, the Regional Council of Laayoune-Sakia El Hamra has expressed its ambitions to attract more U.S. investment in the region.

In a statement, the Council welcomed the organization of this incentive investment meeting that follows the Morocco-US Business Forum held last March in Dakhla, praising the sense of responsibility and commitment to take advantage of opportunities to strengthen U.S. investment in the Kingdom’s southern provinces.

The Council also highlighted various investment opportunities in the region of Laayoune-Sakia El Hamra, which is full of economic potential and stimulating investment, especially in the sectors of energy, fisheries, agriculture, tourism, services and industries.

Highlighting the security and stability that prevails in the region’s territorial space, the Council emphasized the safe mobility of people and goods to sub-Saharan Africa, adding that the region also has a tax system that promotes domestic and foreign investment.

The Council also said that the government and democratically elected councils mobilize all means to promote development, social stability and ensure the support of the dynamics of domestic and foreign investment.

Organized by the Regional Council of Dakhla-Oued Eddahab in partnership with the Ministry of Industry and Trade, this investment meeting was marked by the participation of the President of the Council of the region Dakhla-Oued Eddahab, Yanja El Khettat and an array of American businessmen.

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