Morocco: Agricultural Activity, Production to Continue Despite Coronavirus

Agricultural activity and production continue normally in Morocco despite measures taken to face the coronavirus outbreak. (Reuters)
Agricultural activity and production continue normally in Morocco despite measures taken to face the coronavirus outbreak. (Reuters)
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Morocco: Agricultural Activity, Production to Continue Despite Coronavirus

Agricultural activity and production continue normally in Morocco despite measures taken to face the coronavirus outbreak. (Reuters)
Agricultural activity and production continue normally in Morocco despite measures taken to face the coronavirus outbreak. (Reuters)

Morocco’s Ministry of Agriculture, Maritime Fisheries, Rural Development and Water and Forests (MAPMDREF) has affirmed that agricultural activity and production are ongoing despite the health emergency state announced to face the coronavirus outbreak.

“Workers in the sector will maintain the level of production, packaging, transfer and distribution at a normal pace,” the ministry said in a statement on Thursday.

Prices of some goods which witnessed occasional hikes, returned to normal, while the prices of the most consumed food products remained stable, the statement noted.

It reassured people that agricultural production will continue normally in full respect for the pre-determined timetable, allowing continued supply to the market and sufficient quantities of agricultural and food products.

“We have overcome the pressure faced by some markets in the past few days as a result of the sharp rise in demand for some of the most consumed agricultural products, especially potatoes, tomatoes and onions. This happened thanks to the continued stocking of the market with these products,” the MAPMDREF explained.

“From the period between early April and June, supplies will be provided through the available stocks and the crops of the winter season in several areas, which are currently in the production stage,” according to a document published on its official website.

“The estimated production quantities during this period are 352,000 tons for tomatoes, 910,000 tons for potatoes, and 412,000 tons for onions (mainly green onions).”

It pointed out that these available quantities meet Moroccan people’s needs, including during the Holy month of Ramadan, when demand rises.

The Ministry said the distribution of spring crops is carried out normally, reaching 50 percent of the specified schedule late March, while the rest will be planted during April.

The expected production of spring and summer crops will adequately meet consumers’ needs for the period between June and December 2020, it noted.



Saudi Arabia to Host World Investment Conference on November 25-27

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)
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Saudi Arabia to Host World Investment Conference on November 25-27

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)

Under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, the World Association of Investment Promotion Agencies (WAIPA) and Invest Saudi will hold the 28th annual World Investment Conference (WIC) in Riyadh from November 25 to 27.

The event will gather global leaders in investment, government, and international organizations to tackle the theme “Harnessing Digital Transformation and Sustainable Growth: Scaling Investment Opportunities”.

On the occasion, Saudi Minister of Investment Khalid Al-Falih said: “Under the wise leadership of Custodian of the Two Holy Mosques King Salaman bin Abdulaziz Al Saud and Crown Prince Mohammed, the Kingdom, driven by its ambitious Vision 2030, has become a premier world investment destination and is experiencing unprecedented growth in overall investment amounts and diversity.”

This year’s World Investment Conference in Riyadh “will be a platform for sharing our nation’s strategic vision with our partners, and an invaluable opportunity to highlight our status as a trusted partner for sustainable economic growth,” he added.

“We look forward to welcoming investment leaders from around the world to forge partnerships that will benefit both the Kingdom and global economies,” he stressed.

Vision 2030 has driven significant economic reforms in Saudi Arabia, attracting substantial foreign investment. Over 28,900 foreign investment licenses have been issued, reflecting the Kingdom's transformation into a major global investment hub.

Key factors contributing to this growth include 100% foreign ownership in specific sectors, streamlined commercial register procedures, simplified visa issuance, and other investor-friendly initiatives that have created a favorable and appealing environment for investors in various sectors, including renewable energy, logistics services, and AI.

The Kingdom's attractive investment landscape has also facilitated the development of a dynamic economy that leads in innovation and growth.

WAIPA Executive Director and CEO Ismail Ersahin said: “WAIPA is excited to bring the 28th WIC to Riyadh, a city that perfectly embodies the future of investment. The conference will provide a crucial platform for Investment Promotion Agencies and investors to discuss emerging opportunities in a rapidly evolving global landscape.”

“We deeply appreciate Saudi Arabia’s vision and leadership, which will ensure that this edition of WIC is an impactful gathering for all participants,” he remarked.

Key highlights of this year’s WIC are a range of conference tracks, such as high-level dialogues with government ministers, insightful sessions on technology, sustainability, and economic cooperation, as well as practical masterclasses for investment professionals, a dedicated entrepreneurship track that will emphasize the transformative role of startups and innovators, and exclusive matchmaking sessions that will facilitate strategic partnerships between investors, SMEs, and potential collaborators.

Participants will also have the opportunity to celebrate the achievements of Investment Promotion Agencies on the Awards Track, honoring innovation and excellence in investment facilitation.

This year’s WIC promises to be a pivotal forum as it aligns with global investment drivers: the disruptive influence of technology and AI, global supply chain resilience, energy transition toward sustainability, and the transformative role of entrepreneurs and startups in reshaping investment landscapes traditionally led by multinational corporations.

Leaders and stakeholders will discuss and explore how these factors are redefining economies and driving forward-looking investment models worldwide.

With its focus on scaling investment opportunities, WIC is designed to equip attendees with the tools, knowledge, and connections necessary to drive meaningful economic impact.