New Moroccan plan spanning 10 years for the development of tourism in the country

Casablanca: Hassan convincing
Are today in Marrakech provide ten years of implementation of the outcome of the plan «Vision 2010» to promote tourism in the country, while the new plan offered «vision 202» for the next ten years on the Moroccan King Mohammed VI. In spite of the conditions of the global crisis and its negative impact on the boom and Tourism Investment Morocco was able to approach many of the goals set by ten years ago. In terms of the size of the boom and the Ministry of Tourism expects to achieve 90 per cent of the target, which include the plan, which is 10 million tourists by the end of 2010. The ministry In anticipation that the number of tourists at the end of this year, 9.2 million tourists, the thing which is considered a good achievement in light of circumstantial crisis Global.
Has not delivered tourism investments, in turn, of the repercussions of the global financial crisis. The affected by the massive tourism projects Beach negatively from the global crisis, but the city of Marrakech was able to cross-check that the dynamism own achievement pointing and unexpected in terms of investments that Astqtabtha.

As among the 6 Tourist resorts beach programmed within the framework of Vision 2010, only two stations in port is Moktmlten is not opening, the first in Saidia on the beach of the Mediterranean in northern Morocco, and that the opening of two hotels only been in one of the ten hotels were programmed, and the second in Mzakan on the Atlantic coast south of Casablanca. This period is also known as the withdrawal of a number of foreign investors from the major tourism projects, and on top of «Fadesa» Spanish, which pulled out of Saidia station, and «Clooney Capital» US from Taghazout station near Agadir, and «Thomas Byron» Belgian Dutch stations Lexus near authentic and near Essaouira Mogador. And compensated the company «morn» Moroccan real estate company «Fadesa» in leadership Saidia project, while the offset company «Alliance» Moroccan real estate company «Thomas Byron» in the draft Lexus and Mogador.

However, the good performance, which was not expected to Marrakech saved the plan at the level of completed investments. During the period from 2002 to 2009, the completion of 58 hotels in Marrakech, a number that exceeds half of hotels that were programmed in the six coastal stations combined projects. In the current year was the opening of ten new hotels in Marrakech, and looking forward to the opening of 15 new hotels over the next two years.

Marrakech and were able to achieve this milestone thanks to the efforts made by the field of tourism and cultural revitalization, as regulated red city throughout the year, more than 30 international festival about different topics, from passing through the film festival to festival folklore and popular culture Magic Festival.

In the context of the global financial crisis and its impact on liquidity in Morocco stressed the banks of the terms of the financing of major tourism projects. Investors began to complain of the big banks have become cautious dealing with its funding requests files. Said a senior bank official told «Middle East» stresses banks to finance tourism projects. The source said: «We are funding by all major projects combined. Today, we not only finance the projects that are available on all the guarantees of success, is no longer allowed to finance projects start from scratch in an isolated area. The project has become a site of particular importance in the decision to grant funding. »

The source also pointed out that the new policy of the banks tend to breakdown of major tourism projects merged into parts, and are carefully examining each part, so that they can finance part of the project without the other. He said: «major projects often consist of a hotel part, and part of a real estate includes villas, apartments and tourism, as well as leisure and sports sections. Earlier, we had to negotiate the total funding for such projects. Today can we finance the hotel only, or the real estate segment, according to the feasibility of the project and its location and marketability. »