This is what the Ministry of Tourism announced in a press release. The investment committee which held its meeting on Wednesday 24 June approved the agreement relating to its project in Morocco.
The ministry’s press release does not specify the nature of the project of the Portuguese group that owns the Sana Hotels chain, nor its location. “It should be noted the investment and the establishment for the first time of a Portuguese group operating in finance and the hotel industry. The group owns the Sana Hotels chain which has several 5 *, 4 * or 3 * hotels in various countries”, was it enough to emphasize.
In addition, the ministry specifies that out of the MAD 2.6 billion of tourism projects approved by the investment committee, 59% are of Moroccan origin and 41% of foreign origin. These projects are expected to create nearly 1,700 tourist beds and generate 1,600 direct and stable jobs.
The approved tourism projects also include entertainment and leisure components, namely a leisure park, SPAs, restaurants, conference room, shops, etc. The city of Meknes is strengthening its attractiveness by creating a large-scale park of more than 100 million dirhams.