Valencia’s Business Leaders to Explore New Opportunities in Morocco During June Visit

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A significant economic delegation from Spain’s Valencia region is set to visit Tangier on June 2nd and 3rd with the primary goal of deepening economic and commercial ties between Spain and Morocco. This strategic mission highlights the growing interest of both regions in reinforcing bilateral cooperation, fostering trade, and exploring new investment opportunities.

The delegation is organized through a collaborative effort involving the Valencia Chamber of Commerce, the Tangier-Tetouan-Al Hoceima Chamber of Commerce, and the Moroccan Consulate General based in Valencia. This partnership between regional chambers and diplomatic institutions underscores the commitment to fostering structured and sustainable economic collaboration between the two sides.

The visiting group will include representatives from several key industries that are central to the economic vitality of both regions. These sectors encompass agri-food production, textiles, tourism infrastructure, sports facilities development, construction, transportation, and financial services. Notably, one of Spain’s prominent financial institutions will also be represented, signaling the importance of banking and investment frameworks in supporting bilateral ventures.

Reflecting the strong institutional backing for this mission, leaders from multiple Chambers of Commerce in the Valencia region—including those from Alicante, Orihuela, and Alcoy—will be present. Their participation highlights a unified regional approach to expanding commercial relations with Morocco, demonstrating how regional economic ecosystems are aligning efforts for international outreach.

The official program kicks off on Monday, June 2, with an opening session scheduled for 9:30 a.m. at the main offices of the Tangier-Tetouan-Al Hoceima Chamber of Commerce. This opening will provide a platform where institutional representatives and business leaders from both Spain and Morocco can share insights on regional development priorities and economic strategies. The session is expected to foster dialogue that will set the tone for productive exchanges throughout the visit.

Following the formal opening, the delegation will engage in a series of business-to-business meetings designed to encourage direct interaction between Spanish and Moroccan companies. These sessions aim to facilitate networking, partnership discussions, and potential joint ventures. This approach enables businesses to identify collaborative opportunities that align with their strategic goals, helping to drive growth and innovation on both sides.

An important highlight of the visit will be a tour of the Tangier Med port, which stands as one of the largest and most advanced logistics hubs in both Africa and the Mediterranean region. The port’s strategic location and infrastructure capacity make it a critical gateway for international trade and a focal point for investment. By showcasing this facility, the mission seeks to emphasize Morocco’s competitive advantages in logistics, transportation, and trade facilitation—key factors that could attract further Spanish business interest and cooperation.

This visit coincides with a period of strengthened economic relations between Morocco and Spain, marked by several recent developments. For example, on May 28, a set of investment agreements worth approximately 500 million Moroccan dirhams (around 50 million US dollars) were signed in the Moroccan capital between Moroccan authorities and companies from Catalonia. These agreements represent a major boost to economic collaboration and highlight the expanding presence of Spanish regional businesses in Moroccan markets.

These agreements are set to create more than 700 direct employment opportunities in several Moroccan cities, such as Tangier, Tetouan, and Kenitra. These job creations span several industries such as automotive manufacturing, waste management, industrial packaging, and construction materials, reflecting a diverse economic engagement that spans multiple value chains.

Looking ahead, further investment activities are planned with a new delegation comprising around twenty Catalan companies scheduled to visit Morocco within the next twelve months. This continued flow of business missions indicates sustained interest and confidence in Morocco’s investment climate, as well as the desire to build long-term partnerships that benefit both economies.

In conclusion, the forthcoming visit of the Valencia economic delegation to Tangier marks a significant milestone in the ongoing development of economic ties between Spain and Morocco. It reflects a shared commitment to fostering sustainable development, enhancing trade links, and promoting investment opportunities across a broad range of sectors. As regional players from both countries come together, this mission has the potential to generate significant economic benefits, create new jobs, and deepen the partnership between the two Mediterranean neighbors.