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Fadesa a step closer to Plage Blanche development deal

Article Date : Thursday, March 29, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Spanish development group Fadesa has been selected by the Moroccan government in the last phase of a tender to build a resort at Plage Blanche, located in the province of Guelmim.

Fadesa's proposed development involves creating hotel units and holiday villages, as well as leisure facilities, such as a golf course and shopping centre.

Access to the resort will be aided by the presence of the regional airport, which can be reached within less than an hour.

If negotiations with the government are successful, Fadesa, which operates residential developments throughout Spain and Morocco, will be able to press ahead with the development, creating around 9,000 permanent jobs.

Construction will last around eight years, although the first hotel is expected to be open to tourists by 2012.

In related news, the Al Hoceima province in Morocco is to receive long-term government investment in order to build up its tourism potential.

The strategy includes the development of a new seaside resort area, including hotels and entertainment facilities.

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