French enterprises express confidence in Morocco

Leaders of several French industrial groups and enterprises who were received on Tuesday afternoon by King Hassan II, who is currently visiting France, expressed to the king their confidence on the future of investments in Morocco.

Through this opening they will continue to consolidate their presence in Morocco, the French economic operators are also supporting Morocco's efforts for economic and social development.

The king explained to his interlocutors the contents of his latest speech on July 8, mainly aspects regarding a decision to invest returns of the selling of Morocco's second GSM license, which earned Morocco $1.08 billion. He invited French economic enterprises to focus their investment operations on partnership and co-development.

The heads of economic enterprises who attended the meeting with the Moroccan sovereign include the head of the French employers association, and managers of Suez Lyonnaise des Eaux, Rhone-Poulenc, Accor, Club Mediterranee, Alcatel, Ciments Francais, Societe Generale, Thomson, Psa-Peugeot-Citroen, Axa, Nouvelles Frontieres, Paribas and others.

On the Moroccan side, the meeting was attended by a group of Moroccan officials accompanying the king on his visit to France.