Investment

China-Morocco joint construction of the Belt and Road has made progress

Seetao 2022-07-27 14:27
  • The project aims to introduce more Chinese enterprises to invest in Morocco and impart Chinese advanced technology and experience
  • The signing of the investment agreement between China and Morocco marks a key step in the implementation of the project, which is conducive to further enriching the bilateral strategic partnership
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With the continuous integration of diversified development concepts into the Belt and Road construction, investment in Belt and Road-related projects is gradually expanding. On July 25, 2022, Chinese Ambassador to Morocco Li Changlin attended the signing ceremony of Mohammed VI Tangier Science and Technology City Project Investment Agreement held at the Ministry of Industry and Trade of Morocco. Wallimidia from Gill Region, Yang Peipei, Economic and Commercial Counselor of the Embassy, and Zhao Lianzhi, Deputy General Manager of China Road and Bridge attended the event.

Ambassador Li Changlin said that Tangier Science and Technology City is a key project of the heads of state of China and Morocco, and it is also an important achievement of China-Morocco joint construction of the Belt and Road cooperation. The signing of the investment agreement between China and Morocco marks a key step in the implementation of the project, which is conducive to further enriching the bilateral strategic partnership. It is believed that the project will give full play to the role of the China-Morocco investment and cooperation platform and attract more high-quality Chinese enterprises to invest in Morocco.

Minister Mezur said that Tangier Science and Technology City is a strategic cooperation project between China and Morocco, and the teams of both sides have made unremitting efforts to launch the project for a long time. In the future, the competent authorities of Morocco will continue to provide convenience for the implementation of the project. It is hoped that both parties will continue to cooperate closely and strive for the project to enter the specific operation stage as soon as possible and achieve tangible results.

Minister Allawi said that he was very pleased to see the Tangier Science and Technology City project taking substantial steps, which is the result of mutual benefit and win-win between China and Morocco. China is a priority partner of Morocco. The project aims to introduce more Chinese enterprises to invest in Morocco, impart Chinese advanced technology and experience, create more employment opportunities in Morocco, and add new impetus to economic and trade cooperation between the two countries.

According to reports, the Tangier Science and Technology City project located in the north of Morocco covers a total area of 2,167 hectares. It is planned to be developed in stages, including industrial parks, logistics service parks and residential areas. The industries will focus on automobiles, aviation, consumption, electronics and households. electrical appliances, etc. Editor / Xu Shengpeng