Ministerial commission approves 5 investment projects worth $ 64 mln

An inter-ministerial commission in charge of studying investment projects approved on Monday five projects worth 737 million DH (US$ 64.08 Mln) expected to generate 2,200 jobs.

The commission, chaired by premier Abderrahmane Youssoufi, asked the competent authorities to check with promoters of two tourism projects, worth 447 million DH (US$ 38.8 Mln), environment-related provisions of the related conventions.

The three other approved projects, worth 290 Mln DH (US$ 25.2 Mln), are about the manufacturing of cable, textile and electronic devices.

Since its creation, the commission approved a total of 169 projects and conventions for a total value of 67.2 billion DH (US$ 5.8 Bln).