An important delegation of British investors is exploring opportunities in Dakhla, with investment projects in perspective amounting to over 100 billion US dollars, leading to the creation of more than 5000 jobs in the Southern provinces of the Moroccan Sahara.
As part of strengthening the economic partnership between the United Kingdom andMorocco, a significant delegation composed of around twenty British investors fromvarious sectors (Green Energy, Tech, Real Estate, Tourism, etc.) visited Dakhla toexploreinvestmentopportunitiesintheDakhla-OuedEddahabregionfromJuly18thtoJuly 19th, 2023.
This visit follows a meeting held at the Moroccan Embassy London last week, attended byMr. Mark SPENCER, Minister of State for Food, Agriculture, and Fisheries of the British Government, Mr.Hakim Hajoui, the Moroccan Ambassador to the United Kingdom, and Mr.Chakib ALJ, President of the General Confederation of Moroccan Enterprises.
Presided over by Mr. Brannan TEMPEST, CEO of the Oblin Group, founder, and visionaryof the two proposed OblinGreengiga projects in the southern provinces of the Moroccan Sahara, namely Dakhla and Laayoune to be built by OblinCEA a world class Solar PV andwind Turbine engineering procurement and construction company (EPC) with Mr Kevin Fisher as CEO at the helmbacked up by Steven Walker and David Smith on Project Management, the British delegation’s visit aims to gather information about themain strategic projects in the Dakhla-Oued Eddahab region, especially those included in thenew development model for the Southern provinces. It also seeks to highlight the region’sdevelopmentmomentumandprogressonalllevels as the « Pearl of the South. »
The British Delegation began its visit with a meeting with Mr. Lamine Benomar, the Wali(Governor) of the Dakhla-Oued Eddahab region and Governor of the Oued Eddahab province. During this meeting, the focus was on the region’s development in various fieldsunderthenewdevelopmentmodelfortheSouthernprovinces,whichrequiredaninvestmentof77 billion Dirhams (7,7 Billion Dollars US).
Subsequently, the British delegation held a meeting with Mr. Yanja El khatat, President of the RegionalCouncil of Dakhla-Oued Eddahab. He presented the major achievements in the region through projects included in the new development model for the Southern provinces.The Regional Council of Dakhla-Oued Eddahab has adopted an ambitious regional development program covering the period 2022-2027, with a total budget of 4.36 billion Dirhams(436 Million Dollars US).
With in this framework,the British investors attended a presentation by Mr.Mounir Houari, the General Director of the Regional Investment Center (CRI), where he detailed, withsupporting figures, the main productive sectors of the region (maritime fishing, agriculture,tourism, renewable energy to green transportable molecules, such as Green Hydrogen andGreen Ammonia).
In a statement to the press, Mr. Brannan Tempest, CEO of the Oblin Group of companies, mentioned that this visit allowed the British delegation to become furtheracquainted with the investment potential and productive sectors int he Dakhla-Oued Eddahab region
Following this, the delegation members visited a local industrial unit specialized in thepreservation of pelagic fish (sardines, tunas, etc.), followed by a visit to the handicraftcomplexand a couscouscooperative.
During their stay in Dakhla, which will continue until Wednesday, the British investors will conduct an on-site visit to assess the progress of the construction of the Atlantic Port of Dakhla.
In 2022, following the adoption of the Morocco-United Kingdom Association Agreement, the trade exchanges between the two countries reached 3 billion pounds sterling, representing an increase of 49.8% compared to the previous year.
Note that Mr. Brannan TEMPEST, the head of the British delegation and the founder and visionary of the Oblin Green project, has identified Dakhla and Laayoune as ideal locations to set up market-leading solar panel manufacturing factories, along with a solar and wind power plant, at a total cost of 100 billion dollars. With the possibility of expanding large-scale renewable energy production, this would be used to produce green hydrogen and green liquid ammonia, utilizing the availability of raw materials and increasing access to local jobs and overall well-being.
This choice is driven by Morocco’s long-term vision for substantial green energy production capacities and impressive modern infrastructure. Morocco has all the conditions to become the world’s first industrial economy fully powered by green and renewable energies, a leader in solar and wind technology production, and a global hub for the production and export of green hydrogen and liquid green ammonia.
The project is expected to employ a workforce of around 5,000 jobs, of which 85% will be filled by Moroccans. This will mean a significant number of new students in renewable energy will attend the new university facilities in Dakhla for courses lasting 3 to 6 months.