The famous financial magazine World Finance awarded Wednesday, October 22nd , 2014 in London, two excellence prizes in Morocco for Wessal Capital initiative. Both awards were presented to the Minister of Economy and Finance, Mr. Mohammed BOUSSAID, on the sidelines of the conference on investment in Morocco, held at the Mansion House, located in the heart of the City, London's financial district.
The "Social Deal price (social transaction) of 2014 was awarded for the Wessal Casablanca Port project and the " Sovereign Wealth Fund Deal " price (sovereign funds Transaction) of 2014 for the Moroccan Tourism Development Fund (FMDT).
The honours of World Finance Awards were presented, at a ceremony attended by the Moroccan Ambassador to the United Kingdom, Mrs. Lalla Joumala.
"Focusing on Morocco, the magazine World Finance stressed that investment in Casablanca Capital Wessal received special congratulations and strong support from members of the jury award,” the MAP reported.
According to the same source, the urban regeneration project, infrastructural changes and the particular support provided to the medina of Casablanca stimulated strong support.
The magazine also noted that the Sovereign Fund transaction price of the year was awarded to FMDT in recognition of the transaction concluded in 2014 between Wessal Capital and the Public Investment Fund of Saudi Arabia.
World Finance awards are among the most prestigious in the international finance world. World Finance magazine is one of the international finance leaders with the distribution of over 150,000 copies and a web attendance of more than three million visitors per month.
The annual prizes awarded by the magazine are determined by an expert jury made up of professionals and academy members. The jury of the magazine has an experience of over 150 years which gives much credibility to the awards granted by the magazine.