Investment Roadshow Highlights SMEs and Regional Development
The recent Investment Roadshow culminated in Tangier, marking the final stop in a nationwide tour aimed at fostering dialogue and action among key stakeholders in funding, investment, support, innovation, and economic development. On July 9, the BCP Group showcased the Investment Charter specifically tailored for very small, small, and medium enterprises (TPMEs) and discussed various financing solutions and support mechanisms established at the regional level. According to Naziha Belkeziz, CEO of BCP Group, the region embodies a transformative Morocco that is innovating, exporting, and gaining international prominence. The presence of the Tangier Med Port, the largest port in Africa and the Mediterranean, along with a robust industrial framework, positions this area as a significant driver of national growth, connecting Morocco with Europe and Africa.
Collaborations and Future Opportunities for SMEs
This event served as a platform for more than 1,000 companies to engage in fruitful discussions, share insights, and explore opportunities with partners and experts from BCP Group. As emphasized by Belkeziz, the participation of these stakeholders underscores a shared belief that the challenges faced by businesses require collective responses and public-private partnerships. Throughout the day, companies were able to identify suitable support mechanisms for their projects and better understand the region's investment opportunities, facilitating collaborations that would promote their growth.
Idriss Bensmail, the general director of BCP's retail banking division, highlighted the encouraging outcomes from the roadshow, which included 1,200 B2B meetings and the identification of 636 investment projects totaling over 10 billion dirhams in investment programs, with financing needs exceeding 8 billion dirhams. These projects span various sectors such as industry, health, construction, distribution, and tourism, reflecting the diverse economic landscape of Morocco.
Bensmail further conveyed that the ongoing challenges faced by TPMEs, which comprise over 95% of Moroccan businesses, necessitate tailored support from financial institutions. BCP aims to be a local partner for every entrepreneur, accompanying them through every stage of their journey—from ideation to creation, and from development to expansion. Mohamed El Haimer, the president of the Board of the Tanger-Tétouan Bank, expressed the significance of concluding the national tour in Tangier, a region that has developed its economy around strategic, high-value sectors, enhancing its resilience and competitiveness.
To solidify the partnerships formed during the roadshow, two significant agreements were signed, including one between BCP and the CGEM-North Zone aimed at strengthening synergies to support businesses in their development and investment projects. The second agreement, linking BCP to the Chamber of Commerce, Industry, and Services (CCIS) of Tanger-Tétouan-Al Hoceïma, enables CCIS members to access comprehensive assistance for their employees under preferential conditions.
As reported by aujourdhui.ma.
