Investors thirsty for Saidia property!
Moroccan Infrastructure Update
Investors in Saidia property will be reassured to learn that an initiative overseen by the Moroccan monarch, King Mohammed V1, means the huge Mediterrania Saidia development will have guaranteed water supplies until 2025 and beyond.
Saidia: Preparing for future demand!
The King visited the city of Saidia last week to check on the progress of a $34.7 million (USD) infrastructure scheme which will meet the future needs of the new tourist resort and neighbouring towns and villages in the Saidia region.
The project supplying Saidia involves the expansion and overhaul of a water treatment plant in the town of Berkane, as well as the construction of a 1000m2 storage reservoir.
Work on the scheme commenced in July 2007, and when complete, will help satisfy the medium and long-term water requirements of Mediterrania Saidia. The project also includes the building of a 21km canal, and the construction of a new reservoir which will have a capacity of 500 sq meters.
Morocco Property Report 25th July 2008
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