Morocco Banks’ affiliation with GCC to intensify increase of tourism  

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The joint venture projects between Morocco and the Gulf countries should further intensify development and support the recovery of the tourism sector of the Kingdom, according to a recent study.

Morocco Banks’ affiliation with GCC to intensify increase of tourism  

Morocco Banks’ affiliation with GCC to intensify increase of tourism

With the objective to increase investment from the Gulf countries, minister of tourism, unveiled last month at two events held in Dubai, a number of tourism and real estate projects to be executed in partnership with four Gulf countries.

The integrated national strategy developed according to Vision 2020 which aims to make Morocco one of the top 20 tourist destinations in the world by 2020, aims to attract 20 million tourists for every year, boost the sector’s revenue to 140 billion dirhams (12.1 billion euros) and bring hotel aptitude to 375,000 beds.

To attain these goals, Morocco has already commenced a number of projects to construct new tourism facilities and infrastructure, such as hotels in the resort of Saidia, the expansion of highways, and the renovation of railway lines.

Information from the ministry of tourism, some 9,400 added beds were created in 2013, bringing the totality to 207,500 at the end of the year, an important upsurge but still far from the 2020 objective.

 

Mohamed Dekkak