Friday 29 February 2008

King launches, enquires on development projects center


King Mohammed VI on Thursday launched the construction works of several tourism development projects worth some USD 3.9Bn, and enquired on others in the central city of Marrakech.

The sovereign launched the "Chrifia" project for an amount of USD 610Mn. Spanning on an area of 268 ha, it includes a golf course, 10 hotels with a hosting capacity of 1,800 beds, some 1,780 housing units as well as entertainment facilities.
This project aims to highlight Marrakech attractiveness, and promote diverse and integrated tourism by taking advantage of cultural and geographical local assets.
On the same occasion, the monarch enquired on several tourism projects
which relate mainly to tourism and residential complexes of "Assoufid", "Samanah Country Club", "Palm Golf Resort", "Jnane Marrakech", "New Hivernage", "Douja Golf Resort", and "Zahrat Ennakhi".
Tourism represents 71% of the overall investments in the region of Marrakech. Between 2003 and 2007, some 913 tourism-related projects were launched for the sum of USD 14Bn.

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