Unified Regional Investment Committee (URIC)

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  • Unified Regional Investment Committee (URIC)

New regional committee substituting all the former investment involved committees

The URIC is responsible for examining investment files and authorization requests at the regional level in a comprehensive, unified, integrated and harmonized manner. The committee is distinguished by its unique decision-making and administrative coordination body, unlike the previous investment commissions and committees that served prior to the entry into force of Law 47-18 (a single person responsible for ruling on investment files throughout the value chain). The decisions are made by majority vote.

Powers

Composition

The Secretariat shall be provided by the RIC

Operating mode

Fields of focus

The URIC can rule on all administrative matters for the implementation of investment projects, in accordance with the applicable legislation and regulations