CRI Reform: Increased Support for Morocco’s Economic Growth

Ads

The reform of the Regional Investment Centers (CRI), announced by the Minister Delegate in charge of Investment, Mohcine Jazouli, aims to stimulate investment and support Morocco’s economic growth.

Presented to the House of Representatives, the reform includes the decentralization of investment agreements, new unified governance, and measures to accelerate the processing of investment files in 30 days.

The CRIs will see the presidency of their boards of directors entrusted to the Head of Government or a designated authority. The bill also proposes an optimized organization of CRUIs, the processing of urban planning investments limited to the industrial and hotel sectors, and the establishment of a ministerial appeals commission to examine investors’ requests within 30 days.

This reform, aligned with the Royal Vision, aims to generate 500,000 jobs by 2026.