To encourage Moroccan entrepreneurs working abroad, the Moroccan Business Bridge was recently established to mark a “digital economic region” with the goal of engaging that population to reaffirm ties to and in their home nation.
Opened recently in Rabat, the Moroccan Business Bridge provides a forum through which approximately 300,000 Moroccan individuals living and working elsewhere can communicate effectively with resources back home, as well as open investment channels. Its first event hosted over 300 entrepreneurs and was attended by envoys from public and private sector organizations.
The General Confederation of Enterprises of Morocco (CGEM), which serves as the private-sector liaison to government authorities, comprises 12 geographical territories throughout Morocco. CGEM actually created a virtual region which it calls the 13th CGEM region in February 2017 to ease the integration of Moroccan-born global entrepreneurs into Morocco’s regular economy.
That event was marked in Casablanca with a joint agreement signed by leaders of the CGEM and the Ministry in Charge of Moroccans Living Abroad and Migration Affairs.
"The 13th CGEM region is a … feasible, concrete and operational [response]," said minister of foreign affairs and migration Abdelkrim Benatiq, adding that the new platform “crowns partnership” between his department and CGEM. "[It is] the link between migration and development."
Minister of Justice Mohamed Aujja stated that the estimated 5 million Moroccans living abroad serve as ambassadors for “real and effective cooperation” among nations.