The Belgian real estate group Macan, operating in Morocco since 2015, plans to invest 1.5 billion MAD over the next five years, following an initial investment of 600 million MAD in Marrakech, according to local media.
This expansion targets key cities such as Rabat, Taghazout, Kenitra, and Dakhla.
Macan’s Executive Chairman Philippe Gillion commended Morocco’s political and economic stability, along with its administrative efficiency, which “contrasts with the complexities encountered in Europe.”
Gillion also welcomed King Mohammed VI’s efforts to make Morocco attractive for long-term investments.
The group prioritizes a human-centered approach and local environmental considerations, integrating sustainable practices into its real estate projects.
Macan says it is committed to sustainability and efficient project management, offering a range of services in real estate development, property management, and real estate consulting through its Macan group division.
The company seeks to play a pivotal role in Morocco’s real estate sector by contributing to the country’s economic and infrastructural development.