Done: Creating a development corporation and green development with a capital of MAD 165 million.
Analysis: The Board Moroccan Phosphates OCP-just create SOCIETY OF PLANNING AND DEVELOPMENT OF GREEN to undertake the project urban GREEN CITY MOHAMMED VI south of the city of Benguerir. With a capital of MAD 165 million, the company will be responsible for planning, development, financing, warranty, leasing and managing real estate projects to mixed use.
For its part, the project MOHAMMED VI Green town should extend over an area of 688 hectares for a total cost of MAD 4.7 billion, including: * MAD
Analysis: The Board Moroccan Phosphates OCP-just create SOCIETY OF PLANNING AND DEVELOPMENT OF GREEN to undertake the project urban GREEN CITY MOHAMMED VI south of the city of Benguerir. With a capital of MAD 165 million, the company will be responsible for planning, development, financing, warranty, leasing and managing real estate projects to mixed use.
For its part, the project MOHAMMED VI Green town should extend over an area of 688 hectares for a total cost of MAD 4.7 billion, including: * MAD
3.61 billion for acquisition and land development;
* MAD 957 million for construction;
M * MAD 125 for the studies.
To be achieved over the period 2012-2020, this project should generate a turnover of MAD MAD 5.15 billion of which 1.08 billion brewed only for the year 2013.
Conclusion: This project, whose main objective is to transform the region in space Rehamna integrated socio-economic, is an important growth driver for the region of Marrakech-Tensift-Al Haouz.
To be achieved over the period 2012-2020, this project should generate a turnover of MAD MAD 5.15 billion of which 1.08 billion brewed only for the year 2013.
Conclusion: This project, whose main objective is to transform the region in space Rehamna integrated socio-economic, is an important growth driver for the region of Marrakech-Tensift-Al Haouz.
BMCE Capital Bourse
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