Speaking during the 7th World Investment Forum, held virtually, Jazouli said that under the leadership of HM the King, Morocco has redesigned a new development model to ensure the centrality and inclusion of the citizen in development strategies, the safeguard of natural resources of the country, the modernization of the national economy and the enhancement of territories.

He also noted that this new development model is aiming at securing a productive and diversified economy and creating value-added, which requires a significant investment effort.

Morocco has invested more than 10 billion euros between 2011 and 2018 as part of its commitment to climate change, he recalled, stressing that the Kingdom's commitment to sustainable investment and inclusive development has been implemented through a set of strategies and specific programs including the National Water Plan, Morocco's Green Plan, the National Strategy for Planning and Development of Oasis and the Halieutis Plan.

In line with the vision of HM the King on South-South cooperation, Morocco has sought to share its experience with other African countries and has initiated several continental initiatives such as "Triple S", "Water for Africa", "Blue Belt" or the "Triple-A" initiative for the Adaptation of African Agriculture to Climate Change, he added.

Jazouli noted that Morocco has many advantages to take part in this new dynamic towards a more resilient and more inclusive world, by positioning itself as a land conducive to investment.

The 7th World Investment Forum is organized virtually by the United Nations Conference on Trade and Development (UNCTAD) on Oct.18-22, under the theme "Investing in Sustainable Development". It addresses today's key challenge facing the global investment-development community.