Presentation
In
order to alleviate the complexity of the procedures related to investments, the
Moroccan public authorities have decided to standardize their procedures in accordance
with international standards, and have developed a Procedures Manual, in collaboration with
USAID.
The
aim of this manual is to simplify and standardize the services provided to
national and foreign investors by the country’s Regional Investment Centers (CRI)
and other public agencies. This manual will help improve the quality of the
services provided to customers, standardize procedures, facilitate collaboration
and promote transparency between the various administrative bodies involved in
investment procedures.
To
this end,
In the first place, the committee is required to validate the various
procedures in order to standardize the different administrative formalities
necessary to launch an investment project: a single application form, a list of
documents to be produced by the investor, information about the cost and the
time necessary to review the files submitted, etc., the whole in accordance
with the regulations currently in effect.
Secondly, the committee has been asked to recommend simplification
measures to streamline administrative procedures, within the framework of an
integrated vision of investment management between the central and regional
administrative bodies, in keeping with the spirit of the Royal Letter which
calls for decentralisation of investment management activities.
The impact
of such a project is beneficial to Morocco, to investors and to the Moroccan
administration inasmuch as the project can contribute to enhance administrative
efficiency, promote regionalisation and decentralization of investment management
activities, ensure good governance and transparency and provide for the
implementation of an integrated information system especially designed for
investments (e-government project).
In sum,
the project is a long and exacting process which requires the full compliance
of all the agencies involved in investment processes and activities. The value
of this project will be to help prepare the Moroccan administration for the
process of standardization to meet international norms, and enable it to seek
certification in terms of the quality of its investment management activities.