Highlights

Wessal Casablanca- Port, a Model Innovative project in terms of its envisioning and financing : 01/04/2014

Wessal Casablanca- Port, a Model Innovative project in terms of its envisioning and financing

« Wessal Casablanca Port » Project is « a model, structural and innovative project in terms of its envisioning and financing, as confirmed by the Minister of Economy and Finance, Mr. Mohamed Boussaid on Tuesday 1st 2014.

In his announcement to the press, during the signature of eight conventions related to Wessal Casablanca Port Project, headed by His Majesty the King Mohamed VI, Mr. .Boussaid claimed that this promising project was fulfilled in the context of partnership between the Moroccan Fund for Tourism Development (MFDT) and some Sovereign Funds of different Gulf countries.

 The Minister emphasized that this project shows the funds’ trust in the Moroccan business climate and its stability, indicating that the investment projects financed by the Gulf funds are based on long-term profitability.

 Mr. Boussaid stated that this partnership will strengthen the solid fraternal relationships linking Morocco to the countries of the Gulf Cooperation Council (GCC), indicating that these agreements are characterized by a strong commitment of the Gulf private sector which wishes to reinforce its share in the Moroccan market.

Source: MAP