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Morocco Property Forum - Property investment in Morocco

Go Back   Morocco Property Forum - Property investment in Morocco > Morocco property in the Azur Plan > Mazagan (El Haouzia) - El Jadida

Mazagan (El Haouzia) - El Jadida

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Old 10-08-07, 04:20 PM   #1 (permalink)
tootsie
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Join Date: Aug 2007
Posts: 20
Construction started on Mazagan

Came across some news on the Mazagan project that construction has started on this development is due for completion by 2009.

Full article here: Istithmar starts work on Morocco resort UAE - The Official Web Site - News

Anyone invested in this project?
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Old 14-08-07, 02:15 PM   #2 (permalink)
b055man
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Join Date: Aug 2007
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Re: Construction started on Mazagan

Tootsie, I couldn’t get the link to work, but I did come across this which put into perspective what’s going on in Mazagan.....

On June 25th 07, Mr Driss JETTOU, the Prime Minister, undertook to launch the construction work of "Mazagan" tourist station in Al Haouzia (El Jadida Province).The hotel capacity of this station, which is part of the Azur Plan, comes to about 8,000 beds. It comprises some classified tourist units, leisure and entertainment centers, spaces of nautical sports, a conference center ( 1200 persons) as well as a golf course and luxury tourist residences.

This substantial project will permit the creation of more than 2,000 direct jobs and more than 8000 other indirect ones. The cost of the first phase of the project comes to 3 billion DH, for an overall cost of 20 billion DH.

Mazagan station is 80 km away from the economic capital of Morocco , Casablanca , and it is near the first international airport of the Kingdom. It is bordered in the north by the Oum -Er- Rabie river and ancient Azama,the town of Azzemmour , and in the south by white Mazagan, the town of El Jadida .

The site, stretches over a coast of more than 15 Km and an area of more than 500 h
  • Contracting authority - Resort Co. SA
  • Developer - Kerzner International Development Limited
  • Global area - 504 Ha
  • Hotel capacity - 3,700 Lits
  • Global investment amount - 20 billion DH in total with 3 billion DH for Phase 1
  • Starting up of work - 2007
  • Opening of the first hotel unit - 2009
  • Completion of work - 2018
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