Dakhla to Host Morocco-US Investment Forum

Rabat - The Moroccan city of Dakhla will host the Moroccan-US Investment Forum on March 8-9 with the aim of strengthening economic ties between Morocco and the US.

The event will also serve as an opportunity to feature potential and investment assets in the region.

The Dakhla-Oued Eddahab Council is organizing the event in collaboration with Morocco’s Ministry of Industry.

The forum seeks to develop new American direct investments in the fields of agriculture, tourism, mining, and renewable energies, according to a statement from the organizers.

About 20 businessmen in the agri-food, renewable energy, finance, and medical technology sectors will participate in the forum.

The event will mark sectoral panels by professionals from the public and semi-public sectors to emphasize the region’s thriving business climate and development potential as part of Morocco’s investment strategy.

The panels will also tackle trade and industry, tourism and crafts, the Atlantic port and logistics, agriculture and fishing, and renewable energies, according to the organizers.

The visit from the US delegation reflects the country’s position on Morocco’s territorial integrity and sovereignty over its southern provinces in Western Sahara.

The US recognized Morocco’s sovereignty over the region in December 2020, and the Biden administration has signaled its commitmentment to upholding the decision. 

Notably, the US State Department and the official websites of many US government-affiliated institutions have adopted a full map of Morocco in recent months. 

This is the second delegation to visit the region of Dakhla in less than a month.

Last month, a delegation from the US Embassy in Rabat visited both Laayoune and Dakhla to inspect American-sponsored programs in the region.

The delegation held meetings with beneficiaries of US-supported economic development projects, including the DakhlaConnect and LaayouneConnect digital platforms, two hubs in charge of attracting local and international investment to the region.

Source:Morocco World News.