Tetouan-shore: Morocco launches $ 111 million industrial zone

King Mohammed VI of Morocco has launched in Martil (north) the development works of the integrated industrial zone “TetouanShore”, worth nearly 1 billion dirhams ($ 111 mln).

The project, which is to generate some 10,000 jobs, is part of the implementation of the National Pact for Industrial Emergence (PNEI) that is meant to promote job-creation, increase the industry’s GDP, bring down trade deficit and attract more foreign investments.

On this occasion, the Monarch was provided with information on the TetouanShore project, to be completed in three phases over 2010-2019 on a 20-hectare area…read more