Morocco received US$3 billion in foreign direct investments in 2007, mostly from the Gulf, according to reports in the leading newspaper Aujourdhui.
The forthcoming mass
Tourism in Morocco explosion A massive tourism and residential development programme 'Vision 2010' - of which the coastal section has come to be known as 'Plan Azur' - was launched six years ago to bring 10 million visitors a year to Morocco by 2010 and build 250,000 hotel beds, including 180,000 located in or around the cities. There will be 1,300 weekly flights into Morocco, with 15,6 million passengers per year. Many large international hotel chains have already built developments, including Club Med, Liwa, Accor, and Sol Melia. Tourism almost invariably brings increased interest in buying in the country, and will likely have an enormous impact both on Morocco's economy, and on property prices.