30 SEP - 02 OCT 2024
Madinat Jumeirah, Dubai
FHS World 2024
Projects by SMIT Morocco
Discover a range of exciting tourism and hospitality projects that showcase Morocco's unparalleled potential as a premier tourist destination. From innovative amusement parks to luxurious beachfront resorts, these projects offer unique investment opportunities. Each initiative is designed to enhance Morocco's tourism appeal while promoting economic growth and sustainability. Browse through the project descriptions below to find your ideal investment opportunity in this vibrant and culturally rich country.
Benefits and Incentives
For Projects: Investment ≥ 50 Mdhs + 50 jobs to create OR ≥ 150 jobs
- Exemption from VAT for capital equipment, materials and tools acquired inside Morocco for a period of 36 months from, the date of signature of the investment agreement, or from the date of issue of the building permit for companies carrying out construction related to their projects.
- Total custom duties exemption on capital expenditures on imported goods, equipment and furniture for a period of 36 months starting at company building permit.
- Government cash contribution for up to 30% of projects total investment program.
Premiums
- Common Premiums Up to 16%
- Sector Premiums 5%
- Territorial Premiums Up to 15%
Project Name: Family Amusement Park in Casablanca
Location: Casablanca, Morocco
Type of Project: Amusement Park
Project Description: This amusement park will feature innovative attractions centered around science and technology. It includes zones like "Young Investigators Zone," "Eureka Zone," and "Zero Gravity Zone," with extensive use of augmented reality and virtual technologies.
Investment Required: $40 million USD
Project Status: Planning stage
Project Name: Major Theme Park in Marrakech
Location: Marrakech, Morocco
Type of Project: Theme Park
Project Description: The theme park will be developed to international standards, featuring distinct themed zones such as "Central Hub," "The Oasis," "Showgrounds," "Rides," "Water Park," "Adventure Zone," and more. It will offer a comprehensive leisure and entertainment experience.
Investment Required: $300 million USD
Project Status: Land identified
Project Name: Dino Park
Location: Near Ouzoud Waterfalls, Morocco
Type of Project: Themed Amusement Park
Project Description: Dino Park is a themed amusement park focused on the exciting world of dinosaurs, combining education and entertainment. The park will feature three main zones: "The Valley of the Dinosaurs," where visitors can explore dinosaur reconstructions and learn through interactive exhibits; "LuDino Park," offering various leisure activities; and "Atlas Village," a miniature representation of the surrounding Geopark. The park aims to provide an engaging and educational experience for visitors of all ages.
Investment Required: $10 million USD (with a $5 million USD public sector contribution)
Project Name: Saidia Beach Resort
Location: Saidia, Morocco
Type of Project: Beachfront Golf Resort
Project Description: A family-oriented beachfront resort spanning 696 hectares with a variety of accommodations and amenities. The project includes a convention center, healthcare, educational and sports centers, and residential options.
Investment Required: $40-50 million USD for 4-5* hotel units, $20 million USD for club hotels, $10 million USD for residential hotels, $30 million USD for a sports complex.
Project Name: Aghroud Beach Resort
Location: Aghroud, Morocco
Type of Project: Beach Resort
Project Description: Located in a preserved natural site, this resort includes resort hotels, club hotels, and various entertainment facilities like an amusement park and an 18-hole golf course. The resort spans 594 hectares and is bordered by the High Atlas mountains and the Atlantic Ocean.
Investment Required:
- Hotel units: $20 million USD each
- Themed parks: $5-10 million USD each
Project Status: Available land
Project Name: Convention & Exhibition Center in Marrakech
Location: Marrakech, Morocco
Type of Project: Convention and Exhibition Center
Project Description: A modern and flexible architectural design capable of hosting various types of events, including conferences, conventions, and cultural events. The center will include exhibition spaces, an auditorium, and supporting facilities to cater to a wide range of events.
Investment Required: $100 million USD
Project Status: Planning and development stage
Project Name: Convention Center and Festival in Marrakech
Location: Marrakech, Morocco
Type of Project: Convention Center
Project Description: A large-scale congress center with infrastructure to host conferences, conventions, and cultural events, including an auditorium with around 5,000 seats, restaurant areas, and supporting facilities such as reception halls and car parks.
Investment Required: $200 million USD
Project Status: Planning and development stage
Project Name: Integrated Ifrane National Park Development Project
Location: Ifrane, Morocco
Type of Project: Ecotourism Development
Project Description: An initiative to enhance tourism in Ifrane National Park with a focus on ecotourism accommodation and activities. The project promotes the natural resources and biodiversity of the area, offering accommodations such as bubble domes, tree houses, and floating cottages, along with various leisure activities.
Investment Required: $74.3 million USD (with $64.5 million USD public contribution)
Project Status: Planning and development stage
Project Name: Toubkal National Park Integrated Development Project
Location: Toubkal, Morocco
Type of Project: Ecotourism Development
Project Description: An innovative ecotourism project focusing on upgrading tourist sites, providing a variety of accommodation and activities throughout the year. The project aims to attract a diverse clientele while promoting sustainable tourism practices.
Investment Required: $33.2 million USD (with $20.2 million USD public contribution)
Project Status: Planning and development stage
Project Name: Souss Massa National Park Development Project
Location: Souss Massa, Morocco
Type of Project: Ecotourism Development
Project Description: Developing a tourist circuit in Souss Massa National Park with accommodation and entertainment facilities that promote sustainable development. The project includes the creation of a "Blue Safari" tourist circuit, various stop-off points, and 3-4 star hotels.
Investment Required: $157.6 million USD (with $20 million USD public contribution)
Project Status: Planning and development stage
Project Name: Green Station of Oukaïmden
Location: Oukaïmden, Morocco
Type of Project: Mountain Resort
Project Description: A year-round mountain resort with sports and leisure activities, improved accessibility, and environmentally sustainable practices. The project includes ski lifts and slopes, recreational activities, and conservation efforts.
Investment Required: $27 million USD (public investment: $22 million USD)
Project Status: Planning and development stage
Project Name: Institute of the Mediterranean World
Location: Tangier, Morocco
Type of Project: Cultural and Commercial Complex
Project Description: A major complex showcasing the Mediterranean's cultural riches through permanent exhibitions, an auditorium, a Mediterranean gastronomy restaurant, and a leisure and commercial complex. The project aims to highlight the unique aspects of Mediterranean and local Tangier culture.
Investment Required: $20 million USD
Project Status: Planning and development stage