Morocco's ambitious tourism strategy known as VISION 2010 aims to create up to fifteen thousand hotel beds every year. Such a project needs a massive investment with some analysts putting the figure needed at around fifty billion dirhams. Well, help may be on the way, with discussions starting on the creation of a special tourism investment fund.
The suggestion by banking institutions to establish such a fund to help carry out tourism projects in Morocco was one of the ideas discussed during the 6th Meeting on International Tourism, held last week in Tangier Friday. Attijari Wafabank, managing director of Khalid Oudghiri, said that the fund suggestion was discussed by several banking institutions, and his bank and La Banque Populaire are ready to contribute five hundred million dirhams to its creation and running.
The two-day meeting also discussed the redrawing the Moroccan tourism map through the creation of new destinations, especially in rural zones and the upgrading of old ones, such as Fez, Marrakech and Agadir.
Tags: Morocco Fes, Maghreb news
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