Three partnership agreements were signed on Tuesday in Oujda as part of the Investment Promotion Meeting for the Oriental region. This event marks the celebration of the 22nd anniversary of the Royal Initiative for the Development of the region, an ambitious program aimed at boosting the economic and tourism appeal of the territory.
Bringing together various institutional and private actors, these agreements are part of a territorial development dynamic aimed at encouraging business establishment and strengthening investor support in strategic sectors.
SII FLEXSHORE: The Oriental on Its Way to Becoming a Digital Hub
The first signed agreement concerns the establishment of SII FLEXSHORE within Oujda Shore, a zone specialized in technological and digital services. This project is supported by the Wilaya of the Oriental, the Regional Council, the Regional Investment Center, and the company SII FLEXSHORE.
The agreement provides for the creation of more than 500 direct jobs, thus contributing to making the Oriental a major technological hub and a key player in the digital sector and service outsourcing.
A €10 Million Investment in the Automotive Industry
The second agreement, concluded with the German company Fränkische Industrial Pipes GmbH & Co. KG, focuses on industrial development. Signed in partnership with the Ministry of Industry and Trade as well as the Ministry of Investment, Convergence, and Policy Evaluation, this commitment foresees an investment of €10 million by 2032.
This project aims at manufacturing protection and fluid systems in plastic for the automotive industry and is expected to generate 150 stable jobs by 2028. This initiative strengthens the diversification of the region’s industrial fabric and its positioning in a strategic sector undergoing significant expansion.
An Ambitious Tourism Development Strategy
The third agreement aims to energize the local tourism industry. Signed by the Wilaya of the Oriental, the Regional Council, the Regional Tourism Council, the Regional Tourism Delegation, and the Regional Investment Center, this agreement seeks to enhance the attractiveness of the region’s tourist destinations.
A budget of 3 million dirhams will be allocated over the period 2025-2027 to finance territorial marketing initiatives, participation in international fairs, and the organization of promotional events in national and international markets.
Mobilization of Economic and Institutional Actors
The Oujda Meeting, organized at the Campus of Knowledge by the Wilaya of the Oriental and the Regional Council, in collaboration with MEDZ (a subsidiary of CDG Development) and the Regional Investment Center, brought together many influential personalities.
Among the participants were Younes Sekkouri, Minister of Economic Inclusion, Small Business, Employment, and Skills, Karim Zidane, Minister Delegate in charge of Investment, and Omar Hejira, Secretary of State for Foreign Trade.
Also present were the Wali of the region, the President of the Regional Council, the Director General of the Agency for the Development of the Oriental, as well as governors, representatives of national and regional economic institutions, and more than 50 investors and companies representing various professional federations.
These agreements mark a decisive step in strengthening the economic and tourism potential of the Oriental region, confirming its growing attractiveness to both national and international investors.
