Minister Rabbah says Dakhla is an International Hub for Energy Investments – getting the economy deversified

The southern provinces, especially the city of Dakhla, are experiencing a “big revolution” in the field of energy, added Rabbah.

Minister-Rabbah-Dakhla-is-an-International-Hub-for-Energy-Investment-Energy News Beat

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Rabat – In a statement to local news outlet, minister of energy Aziz Rabbah stated Morocco is heavily investing in the field of renewable energies in the southern provinces.

Rabbah said Morocco’s investment in renewable energies is a “historic opportunity” to advance the country’s economic standing. The constantly growing field will  “diversify the country’s economy” and position the North African country as a self-sufficient producer of energy.

The minister added the country’s southern provinces are rich with natural resources and have the potential to attract big projects from national public and private sectors in addition to foreign investments. The southern provinces, especially the city of Dakhla, are experiencing a “big revolution,” added Rabbah. The new, in-progress project aims to connect Dakhla to an electrical network. It is set to cost MAD 2.5 billion ($ 2.79 million).

The region will also become a center for scientific research in the fields of renewable energies, sustainable transport, and sustainable housing, the Moroccan minister explained.

Dakhla will become a strategic and international hub and an essential axis for the African continent added Rabbah. The city will witness investments in air transport, maritime transport through the Dakhla Atlantic Port, in addition to the fields of agriculture, solar energy, and maritime energy.

Rabbah’s statements echo Morocco’s plans to boost development projects in its southern provinces. On November 7, King Mohammed VI announced during his 2020 Green March anniversary speech a number of development projects in southern Morocco.

The region’s development will go hand in hand with projects in the fields of renewable energy.

Morocco has been increasingly investing in the field of renewable energy throughout the last decade. Minister Aziz Rabbah said the country’s investments in renewable energy has exceeded MAD 52 billion ($5.65 billion) over the past 10 years. The minister vowed that the North African country will inject another MAD 52 billion ($5.65 billion) into the sector.

Morocco’s Economic, Social, and Environmental Council (CESE) forecasts that Morocco has the potential to produce 96% of its electricity using renewable energy sources by 2050.

Morocco World News.  – by Sanaee Alquazen

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.