You are here: Home » Breaking News » Morocco 'is attractive to inve... » Morocco
Breaking News - Morocco
Morocco 'is attractive to investors'
11 Oct 2009
Karim Beqqali, managing director of CB Richard Ellis Morocco, said the global financial crisis has not had a significant effect on the sector in the north African country, reports the Khaleej Times.
He claimed there has been no impact on local or foreign developers in the country and that there are a large number of overseas investors as a result of the leaning towards tourism projects.
Another expert, executive vice president and head of Middle East Africa for Jones Lang LaSalle Jalil Mekouar, said Morocco has a "business-friendly" environment.
"The country has a stable economy and strong banking system to attract foreigners," he commented.
Earlier this month, Sonia Ismail of Gulf News said the housing market in Morocco is growing due to the strong economic performance of the country.
Login
Find A Company
Weekly Email News Round-up
Related news by topic
Central India 'ripe for real estate development'
08 Feb 2010
Property developers should turn their attention towards central India, a new report has suggested.
...
Saudi mortgage law 'will help banks increase investments'
08 Feb 2010
A planned mortgage law in Saudi Arabia which is set to give people on lower incomes easier access to...
Infrastructure improvement projects planned in Kuwait
08 Feb 2010
Several construction jobs on various infrastructure improvements in Kuwait are set to go ahead after...