Launched to help boost investment in partner countries in Africa and the European Neighbourhood, the EIP will now encourage investments promoting an inclusive growth, job creation and sustainable development in Morocco.
"The European EIP will help leverage significant private funds into key sectors of Morocco's economy. The plan will in turn empower local entrepreneurs and create jobs in the country,” said Johannes Hahn, European commissioner, enlargement negotiations, European neighbourhood policy.
The EU EIP will build on three pillars, specifically, sustainable development technical assistance and additional assistance given to foster a more favourable overall business environment.