The Head of Government, Mr. Aziz Akhannouch chaired, Thursday December 19, 2024 in Essaouira, in the presence of Mr. André AzoulayAdvisor to His Majesty King Mohammed VI, the signing ceremonynature of an agreement for recovery and development of the “Mogador” tourist resort, relating to an investmentt of 2.3 billion dirhams, which constitutes an important initiative in strengthening the role of tourism as a lever for developmentsocio-economic entity of the Kingdom, in application of the Hautes Orientations of HM King Mohammed VI, that God help him.
According to a press release, a copy of which reached us at Lareleve.ma, this agreement was signed with a consortium of tourism leaders from the Middle East., including MM. Naguib SawirisHussain Al Nowais et HossamHe Shaerrenowned investors who have committed to making 50% of investments in the “Mogador” station by the year 2030.
The Mogador Station project, which is of strategic importance for the local and national economy, aims to carry accommodation capacity has 3,700 beds, an increase of 35% compared to the city’s current capacity from Essaouira. It will allow also the creation of 20.000 direct and indirect jobs.
LThe project includes the extension ofand the hotel Sofitel Mogador, the creation of three hotels by the sea, of a Club Med, d’a Beach Club, d’a leisure village, as well ase d‘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, the Head of Government 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.notably in the city of Essaouira.
In this regard, he recalled the call of HM King Mohammed VI, may God help him, to make the Atlantic coast of the Kingdom a space of human communication, economic complementarity and continental and international influence.
M. Aziz Akhannouch placed emphasis on the interest that the government places in encouraging investments in the tourism sector, as well as in other sectors whichncontribute to value chains and the creation of employment opportunities, specifying that the government put the investors have access to 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.
took part in this ceremony, the minister of Economy and Finance, Ms. Nadia Fattahthe Minister of Tourism, Crafts and the Social and Solidarity Economy, Mme Fatim Zahra lovethe Minister of Investment, Convergence and Policy Evaluation ppublicly, Mr. Karim Zidane, the governor of the Province of Essaouira, Mr. Adil El Malikithe Director General of SMIT, Mr. Imad barracksthe President of the Municipal Council of Essaouira, Mr. Tarik Othmanias well as several personalities and senior officials, particularly from the banking sector.
