Morocco launches $288 mln urban development project in Oujda

HM King Mohammed VI of Morocco has launched construction works of the first phase of the urban development project in the eastern city of Oujda, to be carried out for a total cost of 2.5 billion dirhams ($288 mln).

On this occasion, the Sovereign presided over the signing ceremony of a partnership agreement to implement this project, which aims to promote the attractiveness of the largest city in the eastern region, notably through setting up modern urban structures in the city center, delocalizing the industrial railway activities and using the freed spaces from the station to promote the city’s urban development.

The first phase of the project, worth 300 million dirhams, aims to upgrade Oujda city center into an integrated urban pole to promote the attractiveness and competitiveness of the city at the national and international levels through reinforcing its professional and residential real estate assets…read more


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