Morocco Offers Huge Potential for Investment in Green Economy (Finnish Minister)

Rabat – Morocco offers huge potential for investment in sectors related to the green economy and, by virtue of its assets, notably stability, is a gateway to the African market, said, Wednesday in Rabat, visiting Finnish minister of Environment, Energy and Housing, Kimmo Tiilikainen.

During a working meeting with minister of Energy, Mining and Sustainable Development, Aziz Rabbah, Tiilikainen, who is leading a large delegation of 19 representatives of companies operating in the sectors of water, waste management, energy and the bio-economy, said that Finland ranks among the greenest countries in the world and shares with Morocco the desire to increase in the very near future the use of energy from renewable sources.

In this regard, Tiilikainen stressed his country’s strong commitment to sorting, waste recovery and waste water treatment, which are at the heart of Finland’s environmental policy, adding that promoting the clean technology sector is an efficient and intelligent way of opening up new avenues to green growth and the circular economy.

He also lauded the excellent relations between Morocco and Finland and the great progress the Kingdom has made in the transition to a “green and ecological society.”

“Morocco has the assurance of benefiting from our expertise and our solutions in the field of renewable energy,” said the Finnish minister, expressing his conviction that this visit will bring new ideas for the deepening of the bilateral relations and the opening up of new prospects for cooperation between the two countries.

For his part, Rabbah praised the excellent relations between the two countries, which are called upon to strengthen their cooperation in the energy field, highlighting the major reforms undertaken by the Kingdom under the leadership of HM the King Mohammed VI and as part of its environmental and energy strategy, as well as the investment opportunities offered by this sector at all levels.