This Royal project, welcomed by all the components of the CGEM - Bureau, Federations, CGEM Regions, Commissions and CGEM Group at the House of Advisors - , will allow Morocco to achieve its medical self-sufficiency, beyond the current pandemic, CGEM points out in a press release.

As part of the continuity of the Kingdom's exemplary response to COVID-19 thanks to the Sovereign's far-sighted vision, this project, carried out through a public-private partnership (PPP), will also give a strong boost to the national economy, the source underlined.

It will turn the Kingdom into a continental leader in biotechnology, in particular by providing it with an integrated industrial and scientific ecosystem, which will generate added value and permanent jobs in Morocco and Africa, it said.

"By reiterating its deep gratitude to His Majesty, the Moroccan private sector will continue to be mobilized and committed to contribute to the management of the health crisis, but also by working for an effective, sustainable and inclusive economic recovery," CGEM stresses.

His Majesty the King chaired, Monday, July 5 at the Royal Palace in Fez, the ceremony for the launching and signing of conventions relating to the project of manufacturing the Covid-19 vaccine and other vaccines, a structuring project that is part of the Sovereign's desire to endow the Kingdom with complete and integrated industrial and biotechnological capacities dedicated to the manufacture of vaccines in Morocco.