Moroccan business center dedicated in Paris

A Moroccan business center was dedicated Tuesday in Paris by several Moroccan and French officials as Morocco opened the economic event of its year-long festival in France, "Le Temps du Maroc."

Located on the prestigious "Avenue des Champs Elysees" in Paris, the center will serve as an information and assistance cell for the setting up of investment projects or partnership ventures between entrepreneurs of the two countries.

The center which is placed under the authority of the French Economy and Finance Ministry, will be operational next April.

It will organize encounters, collect data and supply advice on legal and institutional aspects as well as on investment incentives granted to foreign capital holders. Data will also be available from a weekly newsletter, a CD Rom and a web site.