Tourism investments at the heart of Sino-Moroccan discussions

The Moroccan Society of Tourism Engineering -SMIT- organized a Sino-Moroccan digital forum, entitled China-Morocco Tourism Investment Webinar, on February 4, 2021. This event was inaugurated by the opening remarks of Mrs. Nadia Fettah Alaoui, Minister Tourism, Handicrafts, Air Transport and Social Economy, which highlighted the historic alliance existing between Morocco and China which has been further strengthened since the official visit of His Majesty the King Mohammed VI, may God assist him, in China in 2016, which was a major turning point in economic and trade relations between the two countries. This webinar was attended by a large number of senior Chinese and Moroccan officials and brought together key players in the Chinese tourism and hotel industry such as the China-Africa Development Fund (CAD), Fosun, the Beijing Yong Jie Investment Fund. as well as other big names in Chinese tourism investment. Spread over a morning in the form of a round table and presentations around tourism investment, this digital forum was marked by the intervention of Mr. Imad Barrakad, Director General of SMIT, who affirmed that Morocco constitutes a platform tourism investment par excellence for Chinese investors. Emphasis was then placed on the various tourism investment opportunities in the Kingdom, especially at the level of the Southern Regions, presentations which were very successful with the target present at this webinar. At a time when global tourism investment is living an unstable situation with uncertain and precarious forecasts for the main providers of funds, this event confirms the positioning of the destination of Morocco on the international scene as a business platform. and tourism and hotel investment.