For Immediate Release
Rabat, Morroco (November 27, 2010) According to a published article from Agence Maghreb Abe Presse, Morocco’s tourism revenues will “more than double” in 2010 which targets selling property in Morocco. This is according to an article that was also published by Businessweek, quoting Tourism and Handicrafts Minister, Yassir Znagui. The minister stated, “Ten million tourists are expected to visit Morocco this year, which represents a 14% growth of the tourism sector, compared to 6% in 2009.” This is about the resiliency of the sector amidst the continuing global financial crisis. With the help of the tourism minsitry, Businessweek cited that tourism revenues would possibly reach 56 billion dirhams this year. This also implies that the sector’s contribution to the GDP amounted to 10%.
In addition to this news, The Moroccan pavilion at the 2010 Shanghai World Expo won the bronze medal for beauty, creativity and design. The world expo was dedicated for tradition of international fairs and expositions. With the theme “Better City – Better Life”, the world expo was widely attended by different countries worldwide. It had the largest number of participants and the most expensive Expo to date in the history of world’s fairs. The Moroccan pavilion had an area of 2,000 square meters and had an average of 6000 visits per day. Moreover, the Chinese media dubbed the Moroccan pavilion as “the place of one thousand and one nights”, since it reflects Morocco’s rich and diversified history. Furthermore, the exhibit implied that selling property in Morocco will be easy especially with its state-of-the-art infrastructures.
It was also reported that the country’s GDP grew an average of 5% a year for the last 10 years; the figures were the result of King Mohammed’s efforts in engaging in major infrastructure and transportation investments. Investors who plan to buy property in Morocco are assured of continuous progress and developments.
For more investment news or information on Immobilier Tanger Morroco, please log on to http://www.immobiliertanger.ma.
Hassan Azgzaou
Company: Immobilier Tanger
Pleimuiden 10 d
1046AG Amsterdam
Phone: +31(0)20 423 42 22
Email: [email protected]
Url: http://www.immobiliertanger.ma/
