Moroccan Tourism Minister Fatima Zahra Amour revealed that Morocco will attract about 27 billion dirhams ($2.7 billion) from this year to 2026, with a share of capital directed towards entertainment projects. Amor pointed out that "the volume of tourism investments, both local and foreign, last year amounted to 8.5 billion dirhams (830 million dollars), compared to about 690 million dollars in the year before the outbreak of the pandemic".
The minister estimates that the figure will rise to $880 million on an annual average in the coming years. "These capitals confirm the great confidence that Morocco enjoys as an investment destination".
"There is a great desire among international investors to develop several hotels over the coming years, as we aspire to raise the number of tourists to 26 million by the end of the decade".
Last year was exceptional for the sector, as Rabat managed to attract 10.9 million foreign tourists, despite the closure of borders in the first five weeks of 2022, a figure that represents 84 percent of the level of the year before the Corona pandemic.
Source (Al-Arab London Newspaper, Edited)
