Riyad Mezzour, Morocco’s Minister of Industry, presented at the UNECA about the country’s industrial acceleration zones, citing key factors for success: quality infrastructure, delegated management, and export-oriented focus. The model is seen as a potential blueprint for other African nations.
Morocco’s Minister of Industry and Trade, Riyad Mezzour, showcased the country’s industrial acceleration zones at the 57th UNECA session in Addis Ababa. He emphasized the essential elements contributing to this success, such as high-quality infrastructure and delegating management authority to zone developers. This model promotes efficiency and accountability within the zones, enhancing investor confidence.
Mezzour noted that the authority granted to developers includes oversight of construction and economic activities, adhering to strict regulations. Such measures aim to mitigate corruption, a significant deterrent for global investors. He cited a factory in Morocco, which demands energy akin to that of a city with 500,000 residents.
To support industrial growth, Mezzour’s department allocates 40% of its budget to improving essential infrastructure like power, water, and wastewater treatment. This funding ensures that investors are not burdened with financing these crucial facilities themselves. He advocated for a focus on export-oriented industries, asserting that at least 80% of activities in special economic zones should be export-focused.
Furthermore, he highlighted the necessity of quality Internet connections for businesses in these zones. The success of Morocco’s strategy in establishing industrial acceleration zones was positively recognized by other participants, who suggested that it could serve as a model for other African nations seeking to create special economic zones.
Morocco’s leadership was acknowledged as it was chosen to chair the 57th UNECA Conference of African Ministers of Finance, Planning, and Economic Development, with plans to host the next meeting in March 2026.
In conclusion, Morocco’s approach to creating industrial acceleration zones emphasizes the importance of infrastructure, delegated management authority, and a strong focus on export-oriented industries. These strategies not only enhance investor confidence but also serve as a potential model for other African countries aiming to develop similar economic frameworks. Morocco’s active role in the UNECA showcases its commitment to advancing industrial growth on the continent.
Original Source: www.maroc.ma
