Belgian real estate giant pumps $1.5 billion into Morocco
July 21, 2024 – 12:10 – Economy
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Belgian real estate group McCann, which has been operating in Morocco since 2015, plans to invest at least 1.5 billion dirhams in the Kingdom over the next five years. This follows a previous investment of 600 million dirhams in Marrakech.
McCann focuses on key cities such as Rabat, Taghazout, Kenitra and Dakhla, highlighting the group’s confidence in Morocco’s growth potential. Philippe Guillion, McCann’s founder and chairman, praised Morocco’s political and economic stability, as well as its smooth administrative procedures, which are considered convenient compared to bureaucracy in Europe. He praised King Mohammed VI’s efforts to stabilize the country, making Morocco attractive for long-term investment. The company places great importance on a people-oriented approach and respect for the local environment, by integrating sustainable practices into its projects.
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Macan is distinguished by its focus on sustainability and efficient project management. The group, which is part of Macan.group Holding, offers a wide range of services in the field of real estate development, rental management and real estate advice.
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Through these initiatives, Makan aims to play a major role in the Moroccan real estate sector and at the same time contribute to the country’s economic and infrastructure development.