11 Hrs
Source:
هبة بريس
Bourita echoes King's development funding vision
The article focused on Morocco's efforts, led by King Mohammed VI, to strengthen developmental finance through public-private partnerships, particularly within the framework of the Moroccan development model. Minister Nasser Bourita highlighted that Morocco has undertaken significant reforms to stimulate private investment, aiming to increase its contribution to two-thirds of national investment by 2035. These efforts include initiatives such as the Mohammed VI Fund for Investment and major projects like the solar energy complex and freight transportation. He also emphasized the importance of transforming Africa's resources into investment projects to meet infrastructure needs estimated at $221 billion between 2023 and 2030. Furthermore, he called for enhanced cooperation among governments, financial institutions, and international organizations by developing platforms for financing guarantees and risk mitigation, all aimed at creating an environment conducive to both small and large investment partnerships to achieve sustainable development.
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