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Masood Al Awar

Tasweek to ready Marrakesh hospital by Q4

DUBAI, November 4, 2014

UAE-based Tasweek Real Estate Marketing and Development has announced that the 160-bed private hospital forming part of the Marrakesh Healthcare City (MHC) development will be completed by the fourth quarter (Q4) of the year.

The hospital will commence operations by the first half of 2015, Tasweek added in a statement.

The $40 million MHC residential and healthcare complex has been attracting huge interest from international investors, especially those based in the GCC who want to capitalize on Morocco’s real estate potential.

On a broader level, Tasweek aims to encourage and facilitate more investment ventures between GCC states and Morocco as a strategic partner and main sponsor of the fourth Gulf – Moroccan Investment Forum taking place this month in Casablanca, Morocco.

“The opening of Marrakesh Healthcare City’s private hospital in the beginning of 2015 will usher in a new era of healthcare in Morocco and across the African region,” said Masood Al Awar, CEO, Tasweek Real Estate Marketing and Development.

“It will also reveal the diversity of the local real estate market and how Tasweek intends to serve as a bridge between Arab investors and Moroccan property developers. We are eager to highlight the market potentials of Morocco even more when we sponsor the GCC-Morocco Investment Forum this November.”

The Gulf – Moroccan Investment Forum is an initiative of the Federation of GCC Chambers of Commerce and the Arab Gulf Agency for Media and Communication in cooperation with the Moroccan Government, the General Union of Moroccan Enterprises, and the Union of Moroccan Chambers of Commerce.

It will gather more than 500 Gulf and Moroccan businessmen to discuss investment opportunities in the Kingdom of Morocco and explore potential joint ventures together with the participation of economic, academic and research experts and business, and investments organizations. – TradeArabia News Service




Tags: Morocco | Tasweek |

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