Morocco’s Ministry of Industry, Commerce, and the Green and Digital Economy are in charge of industrial promotion and regulation, as well as the digital and green economies. Their goal is to promote development, economic expansion, and the creation of jobs by fostering the growth of businesses and trade sectors that have a favorable effect on the environment.
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A minister nominated by the King of Morocco oversees the Ministry of Industry, Commerce, and the Green and Digital Economy. Since taking office in 2013, Moulay Hafid Elalamy has served as the minister. A variety of the ministry’s divisions and organizations are in charge of carrying out its policies and programs. They carry out many tasks, such as:
Promote the development of the industrial sector
Promoting the growth of Morocco’s industrial sector is one of its main responsibilities. The board is in charge of coming up with policies and plans that encourage the expansion of sectors like automotive, aerospace, electronics, and renewable energy. Small and medium-sized businesses (SMEs) are supported and funded by the board to help them develop and thrive.
Regulating trade
The Ministry of Industry, Trade, and the Green and Digital Economy is in charge of overseeing Moroccan commerce in addition to encouraging industrial development. The board seeks to guarantee that trade policies are just, open, and supportive of economic development and job creation. The board also strives to encourage international trade agreements and alliances that can help Moroccan enterprises become more competitive.
Promoting the digital economy
Also, the board is crucial in advancing Morocco’s electronic economy. Morocco has recently made large expenditures in digital infrastructure, including mobile networks and broadband internet. The ministry seeks to establish favorable conditions for the growth of electronic enterprises, particularly start-ups and e-commerce platforms. To guarantee that all Moroccans have the skills necessary to engage in the electronic economy, the board also works to promote electronic literacy and education.
Promote sustainable development and protect the environment
Promoting sustainable development and environmental protection is one of their key responsibilities. In addition to promoting sustainable forestry and agriculture practices, the board strives to reduce greenhouse gas emissions and promote the use of renewable energy sources. The board also strives to promote the circular economy. This attempts to decrease waste and improve resource efficiency, as well as to regulate enterprises to make sure they adhere to environmental norms.
Departments they work with
The Ministry has many departments and agencies that are in charge of carrying out its policies and programs to fulfill its objectives. The Department of Industry is charged with the responsibility of fostering industrial growth. The Department of Commerce oversees commerce and fosters export, and the Department of Digital Economy, which fosters the growth of the digital economy, are a few examples. The ministry also has several agencies, including the Moroccan Investment Development Agency (AMDI), the Moroccan Agency for Digital Development (ADD), and the Moroccan Agency for Sustainable Energy (MASEN).
Promoting investment in Morocco is the responsibility of the Moroccan Investment Development Agency (AMDI). In addition to assisting Moroccan companies that want to go global, the organization strives to draw in foreign investment. The organization also offers aid with the launch of new firms as well as support and guidance for investors, including details on available investment opportunities.
The Moroccan Agency for Digital Development (ADD) is in charge of fostering the growth of the country’s electronic economy. The organization seeks to promote an environment that is supportive of the growth of digital companies, particularly start-ups and e-commerce platforms. To guarantee that all Moroccans have the skills necessary to engage in the digital economy, the organization also strives to promote digital literacy and education.
