Entrepreneurs, towns and regions
(7/5/2006)


The Caisse de dépôt et de gestion's role in the development of important economic areas in Morocco

  • Abdesselam ABOUDRAR
    Directeur général adjoint de la Caisse de dépôt et de gestion du Maroc

Summary

At present the Caisse de dépôt et de gestion (CDG), a Moroccan public investment company which was started in 1959, has both a public service role (ensuring the security of savings funds, acting as a driving and regulatory force in financial markets, and backing public investment) and competitive market activities (financial investments, stake holdings, and investments for its own portfolio). The CDG has three advantages which enable it to support economic development projects : its financial clout, its status as a trust-worthy third party which attracts interest from international investors, and its expertise in the development of financial and institutional structures. Abdesselam Aboudrar explains the role of the CDG using three case studies : the redevelopment of the Bay of Casablanca, the Tangiers-Mediterranean project (the construction of a deep-water port), and the development of the Bouregreg Valley near Rabat.

Summary translated from French by Rachel MARLIN.

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