The company Marchica Med, a subsidiary of the Agency for the development of the Marchica Lagoon site, and HB Holding NV, a holding company specializing in real estate investment and new technologies, have concluded a memorandum of understanding (MoU) for the development of a real estate and tourism project on the Atalayoun site, with an overall cost estimated at more than 800 million DH.
This strategic partnership aims to transform the city of Atalayoun, one of the cities included in the program of the development and development project of the Marchica Lagoon site, in the province of Nador, into a tourist destination of choice combining modernity and respect for the environment, while promoting the natural and cultural heritage of the region, indicates a press release from Marchica Med.
The project plans, according to the same source, the construction of high-quality infrastructure in front of the existing marina, including a 4-star hotel with around 130 keys, residences and premium villas, as well as landscaping respecting the principles of sustainability and preservation of the local ecosystem. For a total investment estimated at more than 800 million dirhams, this project aims to create around a hundred long-term employment positions and thus constitutes an opportunity to promote the socio-economic development of the entire region, it is emphasized. .
