Highlights

Mrs. Nadia Fettah meets with the President of the Arab Authority for Agricultural Investment and Development (AAAID)

28/02/2022
Mrs. Nadia Fettah meets with the President of the Arab Authority for Agricultural Investment and Development (AAAID)

Monday, February 28th 2022, Mrs. Nadia FETTAH, Minister of Economy and Finance, met in Rabat with the president of the Arab Authority for Agricultural Investment and Development (AAAID), Mohamed Bin Obaid AL-MAZROUEI.

During this meeting, Mrs. FETTAH welcomed the pioneering experience of the AAAID in attracting and developing agricultural investments, calling on the Authority, as a specialist in investment in agriculture, to support agricultural projects in the Kingdom, accompany the private sector and encourage it to invest in the agricultural field.

In this regard, the Minister recalled the efforts made by the Government, in the implementation of the High Royal Guidelines, to create a climate conducive to private investment and the adoption of methods and innovative mechanisms, highlighting the importance of the Fund Mohammed VI as a lever for strengthening private investment. She referred, in this respect, to the opportunity of receiving support from the International Fund for Agricultural Development, one of the thematic funds under the Mohammed VI Fund, which objective is to contribute to the financing of agricultural investment projects, strengthening the capital of agricultural enterprises and support for productive agricultural activities through partnerships with the private sector. .

For his part, Mr. Mohamed Bin Obaid AL-MAZROUEI welcomed the closed partnership between the Authority and the Moroccan Government, affirming his determination to further strengthen it and use all opportunities that arise to support efforts to develop the agricultural sector in Morocco, in terms of production, manufacturing, marketing and export..

At the end of this meeting, the two parties affirmed their mutual willingness to consolidate cooperation and strengthen the mechanisms of partnership between Morocco and the Authority..