Project Bank Has 1,400 Industrial Projects (Official)

Rabat – The Minister of Industry and Trade, Ryad Mezzour, said Monday in Rabat that the Project Bank has about 1,400 industrial projects, 358 of which are dedicated to the agribusiness.

Answering a question on “the food industry” in the House of Representatives, Mezzour stressed that these projects should contribute to the creation of 34,754 direct jobs.

The Minister also stressed the importance of making more efforts to improve the rate of local integration of this industry, which does not exceed 25%, in addition to reducing dependence on foreign packaging.

Mezzour said that industrial exports have increased by more than 34% to the end of November, which reflects, according to him, the Moroccan industry’s attractiveness and competitiveness.

 

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