The visit of King Mohammed VI to the United Arab Emirates has given a strong benefit to bilateral cooperation between the two countries. The memorandums of understanding signed encompass several areas such as infrastructure, water security, ports, railways, and energy. These agreements have a strategic and global dimension, going beyond the bilateral framework to include African countries and projects of interest to Europe. They reflect the insightful vision of King Mohammed VI alongside Sheikh Mohammed Bin Zayed Al Nahyan. The Mohammed VI Fund for Investment will play a central role in implementing these agreements, working closely with Emirati partners. These partnerships will strengthen Morocco’s regional and international position, contribute to job creation, and support resilience in the face of global crises.
The signing of memorandums of understanding during King Mohammed VI’s visit to the United Arab Emirates has been praised by Moroccan officials as a significant step towards a fruitful partnership between the two countries. The agreements, which have a strategic dimension due to their broad geographical scope, go beyond bilateral cooperation and include several African countries and projects of European interest. Moroccan officials have commended the wisdom and insight of King Mohammed VI and Sheikh Mohammed bin Zayed Al-Nahyan for their role in fostering this strategic and global cooperation.
The Minister of Equipment and Water, Nizar Baraka, emphasized that the signed memorandums of understanding primarily focus on infrastructure and water security. One important aspect is the investment in water desalination, which is a significant and ambitious program for Morocco.
Morocco and the United Arab Emirates recently signed a memorandum of understanding pertaining to ports, with a particular focus on large ports in Morocco. This aligns with the directives of the Moroccan king, who has granted special status to these ports. Notably, Nador West Med and the Atlantic port of Dakhla will receive investments from the United Arab Emirates. These developments are expected to enhance Morocco’s regional and international standing, encompassing areas such as sustainable development, international security, and interconnection.
The Minister of Energy Transition and Sustainable Development, Leila Benali, noted that the partnership signed in the energy sector between the Kingdom of Morocco and the State of the United Arab Emirates gives a strong boost to private investments in this domain.
The signing of this agreement constitutes an opportunity to establish the national energy transition strategy, noting that the strategic dimension of this agreement confirms the insightful vision of King Mohammed VI alongside the President of the State of the United Arab Emirates, Sheikh Mohammed Ben Zayed Al-Nahyan.
Morocco seeks to promote a new generation of bilateral cooperation and long-term investments in the field of energy, stressing that this agreement will also strengthen resilience in the face of the various crises facing the world, she said.
The general director of the Mohammed VI Fund for Investment, Mohamed Benchaâboun, affirmed that the Fund will play a central role in the implementation of the memorandums of understanding signed before King Mohammed VI and Sheikh Mohammed Ben Zayed Al-Nahyan.
For Benchaâboun, the Fund will look into the financial package of the projects which are the subject of the memorandums of understanding and will also work closely with Emirati partners to find the best way to implement these projects in the near future in the transport, airports, water and energy sectors.
