Wisconsin Real Estate MBAs report from MIPIM 2010:
Panel: Concept of “New Cities” in Morocco: Investment Opportunities & ROI
The “New Cities” concept, better known as the no-shantytown concept, aims to rid Morocco of unsound, blighted housing units. Obviously this has resulted in a huge demand in housing which in turn is providing huge opportunities for foreign investors. The Moroccan government is looking to public/private partnerships to achieve this goal and is providing tax and procedural incentives to entice foreign development. Morocco hopes that its close location to Europe, very stable reputation, growing population and growing GDP will make it an investment destination.
For more coverage of MIPIM 2010, visit our partner CREOpoint.com.
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