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Morocco- Bab Al Bahr' project officially launched
MENAFN - Morocco Business News - 13/05/2009
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(MENAFN - Morocco Business News) The construction works of the residential and tourist complex "Bab Al Bahr", which will be built on the bank of Rabat's Bouregrag River was officially launched on Tuesday.
The foundation stone of the project was laid, in Sale (Rabat's twin city), by Prince Moulay Rachid and visiting Sheikh Mohamed Bin Zayed Al Nahyan, Crwon Prince of Abou Dhabi, Deputy supreme commander of the United Arab Emirates (UAE) Armed Forces.
The new project, which will cost USD 750 million, is the first part of the large-scale Bouregrag Valley development project.
It is a joint venture by the Bouregrag Valley Development Agency (AAVB) and the Emirati holding Al Maabar.
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