The CFO saying funds are for compute capacity and data centers is one thing, but it doesn't automatically mean regulatory compliance costs are less important.
In Morocco, you'd never get permission to build a major data center without navigating serious environmental impact assessments and land use approvals first, which can be huge costs.
These aren't just minor expenses; they're mandates that can stop a project cold if not met.
So, while they plan to spend on infrastructure, if the approvals aren't there, that money just sits.