The Moroccan tourism sector attracted Dh14bn (€1.25bn) in investments in 2012, 93% of the country’s target under its Vision 2020 to attract an average of Dh15bn (€1.33bn) each year.
Launched in 2010, Vision 2020 aims to make Morocco one of the top-20 tourist destinations in the world and bring the number of arrivals to 20m by 2020. Part of the focus for new capital projects in 2013 will be on niche segments, such as medical tourism. Announced in late 2012, Marrakech Healthcare City (MHC), which is being developed by UAE- based Tasweek Real Estate Development and Marketing, will be home to a 160-bed hospital, 56 high-end apartments and a luxury hotel with 40 rooms. The $40m project will spread over 21,000 sq metres and is expected to be completed by 2015. The MHC hopes to attract up to 5000 patients annually.