5/07/2007

Current Events and Issues

Recent Articles Relating to Morocco

•Property boom
-Property in Morocco has begun to skyrocket, due to its mention in recent Hollywood movies, such as Babel, and the attraction of the rich and famous to the Kingdom. Many investors are buying property along the coast; cities and towns that are currently hot on the market include Al Hoceima, Tetouan, and even cities near Oujda. Other popular cities in Morocco include Fez and Marrakesh. The rise in property sales contributes to the economy, helping this kingdom maintain a stable economy.


Al Hoceima
















•Morocco building new port
- The Moroccan government has planned to build a new port in Tangier to supplement another new port opening up in July. The port will cost 14 billion dirham ($1.7 billion) and would have a capacity of five million containers. These ports will benefit a network of reads, highways and rail lines linking to a free-trade zone nearby and to the rest of the country. The two ports would have a combined capacity of up to 10 million containers, making the Tangier port complex one of the biggest in the world.

The Tangier Port




No comments: