Chis agreement was signed with a consortium of Middle Eastern tourism investors, including Naguib Sawiris, Hussain Al Nowais and Hossam El Shaer, who committed to making 50% of the investments in the resort “Mogador” by the year 2030, indicates a press release from the department of the head of government.
The Mogador Station project, which is of strategic importance for the local and national economy, aims to increase accommodation capacity to 3,700 beds, an increase of 35% compared to the current capacity of the city of Essaouira , adds the press release, specifying that this project will also allow the creation of 20,000 direct and indirect jobs.
The project includes the extension of the Sofitel Mogador hotel, the creation of three seaside hotels, a Club Med, a Beach Club, a leisure village, as well as a golf course . A diversification which reinforces the attractiveness of Essaouira in the tourist offer of board sports and cultural tourism.
In a speech on this occasion, Akhannouch stressed that this project will contribute to establishing Morocco’s position as a leading tourist destination, with regard to the economic and social dynamics that it can generate in the tourism sector, particularly in the city. from Essaouira.
In this regard, he recalled the call of King Mohammed VI to make the Atlantic coast of the Kingdom a space of human communication, economic complementarity and continental and international influence.
Akhannouch also emphasized the interest that the government places in encouraging investments in the tourism sector, as well as in other sectors that contribute to value chains and the creation of employment opportunities, that the government provides investors with a range of tools and mechanisms for the optimal implementation of their projects.
This ambitious project located in the heart of the city of Essaouira, symbol of cultural diversity and universal heritage, is part of a global vision of tourism development in Morocco, combining strategic investments, job creation and promotion of cultural heritage and natural of the Kingdom.
The Minister of Economy and Finance, Nadia Fettah, the Minister of Tourism, Crafts and the Social and Solidarity Economy, Mrs. Fatim Zahra Ammor, the Minister Delegate to the Head of Government took part in this ceremony. , in charge of Investment, Convergence and Evaluation of Public Policies, Karim Zidane, the governor of the Province of Essaouira, Adil El Maliki, the Director General of SMIT, Imad Barrakad, the President of the Municipal Council of Essaouira, Tarik Othmani, as well as several personalities and senior officials, particularly from the banking sector.
(with MAP)
