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Islamic Development Bank to organize international investment conference in Morocco

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international investment conference in Morocco

Within the framework of the G8 Deauville Partnership, the Islamic Development Bank (IDB) Group is organizing an international investment conference in Morocco on March 5, 2014, in cooperation with the Ministry in charge of Public Affairs and Governance, the Moroccan Agency for the Development of Investments (AMDI) and other government entities concerned.

The Conference, which will be held in Skhirate, will be attended by several Moroccan ministers, representatives of the G8 Presidency, international financial institutions, members of the G8 Deauville Partnership, business leaders, and heads of federations and chambers of commerce, as well as G8 and Gulf countries' investment firms.

The IDB Group, as a founding member of the international financial institutions' Deauville Partnership Coordination Platform, is exerting considerable efforts in order to assist Arab transition countries, which includes Morocco, in building an enabling investment environment that would be conducive for attracting more foreign direct investment inflows.The ultimate objective of building such enabling investment environment in Morocco is to provide more confidence to local and foreign investors and provide better market access to the country. The renewed investment and availing of available investment opportunities will support the economic and social development and will create more job opportunities, particularly for the youth. In addition to the eight industrial countries (G8), there are additional regional partners from the IDB Group member countries, namely Kuwait, Qatar, Saudi Arabia, U.A.E. and Turkey, and eleven other international financial institutions, in addition to OECD


zawya.com

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