Morocco is an important base for the French group expert in water and waste management, Suez, on the African continent, said Friday in Casablanca, its new chief executive (CEO), Bertrand Camus.
Speaking at a meeting with the Moroccan press, Camus, who made his first visit to Morocco as the CEO of Suez, said the group’s ability to invest depends heavily on the level of regulation, before pointing out that in the Kingdom, the framework is favorable.
In this respect, he congratulated Suez’s historic presence in Morocco through its subsidiary Lydec, particularly in the fields of water, electricity and sanitation and also waste management, noting that his visit is an opportunity to meet the group’s employees as well as the Moroccan authorities to see Suez’s development opportunities in the Kingdom.
In addition, Camus expressed his satisfaction with Suez’s activity in Morocco, adding that the group aims to use the Kingdom as a fulcrum for more success in Africa.
“The African continent is for us a place of development, it is one of the areas we want to accelerate our development from our bases,” he said, adding that “Suez has built more than 500 treatment facilities of water and equipped 80% of African capitals with water treatment projects”.
Meanwhile, Camus said Suez is developing a strategic plan at the request of the board of directors, adding that the plan will be presented to the media and the financial community by the end of 2019, which the aim is to project itself in the long term, given the rapid evolution and transformation of the group’s businesses.
“By 2030, the world will be totally different (…) And so for our group, it is necessary to make the necessary changes to meet the challenges of the future world,” he added.
Held in the presence of the CEO of Lydec, Jean-Pascal Darriet, this meeting was marked by the discussion of several topics including, among others, that of the discharge of Médiouna and Lydec’s delegated management contract.