Morocco’s Head of Government, Aziz Akhannouch, has taken a significant step towards positioning the country as a competitive player in the green hydrogen sector by launching the “Morocco Offer.”
This initiative, driven by High Royal Directives, aims to capitalize on Morocco’s abundant renewable energy resources and strategic advantages to drive sustainable growth and contribute to the global energy transition.
The primary goal of the “Morocco Offer” is to attract investment and foster the development of the green hydrogen sector across the entire value chain. By offering operational support and incentives, Morocco aims to leverage its renewable energy potential to become a leading producer and exporter of green hydrogen and its derivatives. The initiative aligns with Morocco’s commitment to sustainable development and economic diversification, as outlined by His Majesty King Mohammed VI.
The “Morocco Offer” encompasses various operational steps, including the mobilization of land, development of infrastructure, and implementation of incentive measures. It emphasizes a holistic and transparent approach to provide investors with the necessary visibility and support. The initiative targets integrated upstream projects, from renewable energy generation to downstream activities like ammonia and methanol production. Morocco also plans to develop competitive infrastructure aligned with international standards to support the growing green hydrogen industry.
To ensure the successful implementation of the “Morocco Offer,” investment agreements between the state and investors include clauses for regular evaluation and transparency. This framework aims to maintain a transparent and collaborative relationship between the government and investors, promoting accountability and adherence to confidentiality rules.
