11 December 2006
Rabat — Morocco's efforts to grow tourism received another boost after Qatar signed an agreement to invest $335mn in tourism projects in the North African state.
Qatari Diar Real Estate Investment Company would invest the money in building three hotels, adding 3 000 new beds, and a golf course in Tangiers, the Moroccan news agency (MAP) reported on Friday.
The deal was signed between Moroccan officials and chairman Ahmed Hassan Al Ansari.
Be the first to Write a Comment!
Copyright © 2006 Business in Africa. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
