Investments commission approves conventions worth dh 1.8 billion

The Moroccan inter-ministerial commission of investments approved six investment conventions in the sectors of tourism, industry, cinema and fisheries, worth 1.83 billion Dirhams (about $159.73 million).

The approved projects will create nearly 3,000 jobs.

The commission that convened here last week under the chairmanship of Prime Minister, Abderrahmane Youssoufi, looked into two projects in the sectors of cement industry and agri-business. The two projects are worth respectively DH 1.0 billion (us$ 90.9) and DH 650 million (us$59 Mln).

The commission, set up in September 1998, has so far approved 112 investment projects worth DH 50 billion (us$4.54 billion), and creating nearly 50,000 jobs.