French media “La Tribune”: Dakhla is becoming increasingly attractive for foreign investors
With its abundant natural resources, strategic location, future mega port on the Atlantic coast, and green hydrogen production projects, the city of Dakhla now offers increasingly attractive opportunities for foreign investment, writes the French media outlet La Tribune.
The city of the southern provinces is now destined to become “an economic hub between Europe and Africa”, the French economic and financial newspaper notes, highlighting the growing ties between Rabat and Paris and the momentum driven by the Reinforced Exceptional Partnership between the two countries.
In this context, the media recalls that this momentum was illustrated in particular by the high level meeting organized in early October in Dakhla by the General Confederation of Moroccan Enterprises (CGEM) and the Movement of the Enterprises of France (MEDEF), through the France Morocco Business Leaders Club.
For the organizers and the 40 entrepreneurs who came especially from Paris, “the choice of Dakhla is certainly not fortuitous”, the publication notes, adding that the city is part of a region that now benefits from a major public investment program, resulting in the creation of infrastructure, an express road, industrial parks, logistics zones and energy platforms.
The future southern metropolis of the Kingdom also stands out for its energy potential, both solar and wind, the publication observes, also highlighting the future seawater desalination plant that will be powered by renewable energy.
“But the geostrategic infrastructure that the region can already be proud of is certainly the Atlantic port of Dakhla”, according to the author of the article.
“Designed to connect Morocco to Europe, West Africa and the Americas, this future mega port structure is associated with the Royal Atlantic Initiative whose objective is to strengthen South South cooperation and more particularly to offer Sahel countries such as Mali, Niger, Burkina Faso and Chad vital access to the sea, since landlocked status is a major obstacle to their economic growth”, the publication states.
The future port project is part of an integrated regional program aimed at building the port along with the associated connectivity infrastructure, including a maritime bridge and a road, the establishment of a fisheries industrial activities park and the development of a new industrial and logistics zone near the port, La Tribune continues.
The Port of Dakhla Atlantique is also announced as a major link in Morocco’s national green hydrogen strategy, as it will enable large scale transport of green hydrogen and its derivatives, such as green ammonia or green methanol, to international markets, notably Europe, which is accelerating its decarbonization, the media adds, noting that several consortia have already chosen Dakhla for their green hydrogen or green ammonia mega projects.
Editorial team/le7tv
