SUBSIDY TO THE CHEMICAL, PARACHEMICAL AND PHARMACEUTICAL SECTORS

Description

Subsidy to the Chemical, Parachemical and Pharmaceutical sectors.

Organization

Hassan II Fund

Detail

Subsidies of up to 15% of the investment total, ceiling up to MMAD 30 as follows

• 10% of the cost of professional buildings (excluding any other contribution of the State granted to the acquisition of land and / or construction of professional buildings) ;
• 20% of the cost of acquisition of new capital goods (excluding any other contribution of the State granted to the acquisition of capital goods).

Eligibility

Eligibility Criteria/Conditions :

. The total investment must be higher than MMAD 10 excluding tax ;

. Investment in goods and equipment must be at MMAD 5 excluding tax;

. Operate in one of the following sectors:

• Manufacturing of cosmetic products and natural extracts ;
• Recycling of local metal and plastic waste ;
• Phosphates upgrading;
• Research of new innovative drugs with a therapeutic benefit intended for serious diseases treatment;
• Manufacturing of generic or biosimilar versions of innovative drugs with high therapeutic and economic added value.

Contact

Adresse : 2ème étage, Bloc A2, Avenue Allal El Fassi Complexe administratif et culturel de la Fondation Mohammed VI, Rabat