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Since its creation in 1999, Hassan II Fund for Economic and Social Development became a strong support for investment. Its support of the industrial sector is doubly beneficial, since it intervenes both in the financing of the reception infrastructures dedicated to investment, and in the contribution to the financing even of the investment projects in targeted sectors. The fund contributes through the following actions:
-The preparation of new industrial sites and the rehabilitation and promotion of the existing Industrial zones. - The promotion of the industrial investment in sectors with competitive advantages namely: | automobile subcontracting (manufacturing of automobile components and mechanics of precision), electronics (particularly cable bundles), clothes industry, hosiery and leather transformation, as well as any other activity, which, on a principal basis, contributes to the safeguarding of the environment by the treatment, the recycling and the industrial valorisation of waste.
The support of Hassan II Fund to the industrial investments is manifested in the form of a direct financial contribution which can cover, according to the choice of the promoter one of the following forms:
Contribution equal to:
-50% of the acquisition cost of the usable field (on the basis of a maximum cost: 250 DH/ Square meter)
And,
- 30% of the cost of buildings (on the basis of a maximum cost of 1500 DH/ square meter),
-100% of the cost of the ground (on the basis of a maximum cost of 250 DH/ m2) when the support concerns only the field.
Otherwise, an indirect help which consists of making available for the promoter, through the medium of a third party, buildings ready for use in the prepared zones against a competitive rent.
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