800 MDH for a tourist and real estate project in Cité Atalayoun

800 MDH for a tourist and real estate project in Cité Atalayoun
800 MDH for a tourist and real estate project in Cité Atalayoun
This strategic partnership aims to transform the city ​​of Atalayounone of the cities included in the program of the development and enhancement project for the site of the Marchica lagoonsin the province of Nadorin one touristic destination of choice combining modernity and respect forenvironmentwhile promoting the natural and cultural heritage of the region, indicates a press release from Marchica Med.

>> Read also: City of Atalayoun on the Marchica lagoon: the tourism development program in progress

The project plans, according to the same source, the construction ofinfrastructures high quality in front of the Marina existing, including a 4 star hotel of approximately 130 keys, residential homes and some villas premiumas well as landscaping respecting the principles of sustainability and of preservation of the ecosystem local.

For a total investment estimated at more than 800 million dirhams, this project aims to create around a hundred job positions sustainable and thus constitutes an opportunity to promote the socio-economic development from across the region, it is emphasized.

“The signing of this memorandum of understanding marks an important shift in the strategy for implementing the planning and development project for the Marchica lagoon site which will accelerate the pace of completion of this strategic project launched by His Majesty the King in 2008 and which aims to materialize the Vision Royale promoting progress and sustainable development of the entire Oriental regionwhile ensuring the conditions for a dignified life for its citizens”, underlined the general director of theAgency for the development of the Marchica Lagoon site and CEO of Marchica Med, Loubna Boutalebquoted in the press release.

“The development of partnerships and the creation of significant synergies with the private sector should, in fact, make it possible, in the future, to breathe new life into socio-economic and tourist development in the region,” he said. she noted, affirming that “this partnership with HB Holding NV will make it possible to create an exemplary, modern and environmentally friendly project with significant benefits for the province of Nador and the whole region.”

On their side, Henry BridgeCEO, and Solayman Bouharrouassociated with HB Holding, quoted in the same press release, considered that “our expertise in real estate and tourism development, combined with Marchica Med’s vision of sustainable development, will allow us to carry out a project that meets the quality standards desired and required for the development of the Marchica lagoon and which will be a reference in terms of responsible tourism and sustainable development on the scale of the Kingdom of Morocco and Nador in particular”. The city ​​of Atalayounthe first born of the Marchica pearls, is a residential and tourist resort spanning 154 ha and offering a unique environment located between sea and land on the lagoon peninsula of the same name.

The Marchica Med company began developing the city from the launch of the project in 2008. This city has since included a 140-ring marina, a academy and one golf coursea wide choice of residential homes as well as various equipment restoration and D’animationThe city also includes a Hôtel 5* which opened its doors in 2019, and which is the first of 4 hotels planned in the city.

This new partnership is part of the implementation of Marchica Med’s development strategy, having validated, during its last Board of Directors, a medium-term action plan aimed at initiating a new phase in the management of the project and accelerating the development of the city of Atalayoun through a more active involvement of private investment in the implementation of the various components of the project.

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