Energy: Morocco ‘Ideally’ Positioned to Seize Opportunities Offered by Israel (ONHYM Head)

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“Morocco, with its sustainable development dynamics, its significant potential in renewable energies, its proximity to European markets, the spirit of innovation and the ambitious climate policy driven by HM King Mohammed VI, is ideally positioned to seize the opportunities offered and to build win-win partnerships, particularly with Israel,” Benkhadra pointed out at the “Morocco-Israel: Connect to Innovate” Forum.

In this regard, she stressed that Morocco, a country with low emissions but vulnerable to the effects of climate change, took its responsibilities very early by gradually preparing its vision to address the problems of energy security, water scarcity, desertification, flooding and sea level rise.

Morocco, under the enlightened leadership of His Majesty King Mohammed VI, is committed to sustainable global development both at the economic and social levels, said Benkhadra, adding that this commitment reflects the particular attention that the Sovereign pays to sustainable development and the preservation of the environment.

The Kingdom has considerable assets to achieve energy transition and in particular renewable energies and hydrogen where the country can position itself as a precursor, in addition to positioning itself as a regional production and export platform, at the crossroads of Europe, Africa and the Middle East, she added.

“The kingdom aims to become in the coming years, based on the choices it has made, the “most competitive” industrial base in the world and among the 5 most innovative ones, as well as a carbon-free reference industrial base in the region, given that the country has one of the greatest potentials in renewable energies,” the ONHYM chief underlined.

For his part, Yosef Abramowitz, president and CEO of Energiya Global Capital, underlined that Morocco and Israel have the potential in the sectors of energy and sustainable development for stronger collaboration and cooperation.

He also shed light on the huge opportunities for collaboration between the two countries which face the same energy challenges.

This Forum, organized by Start-Up Nation Central, is intended to be a unique event bringing together Moroccan and Israeli leaders, from the private and public sectors, to discuss the theme of technological innovation in the sectors of agri-food, water, logistics, energy and sustainable development.

This event hosts a series of workshops, business sessions, B2B meetings and networking meetings.

Start-up Nation Central, which is a non-profit organization, aims to promote Israel’s innovation ecosystem to the world.

Source: Agency Morocaine De Presse

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