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Saïdia Tourism
Caisse de Dépôt et de Gestion Group, the leading institutional investor in Morocco, and Pierre & Vacances-Center Parcs Group, the European leader in local tourism and leisure activities, have signed a strategic partnership aimed at accompanying the development of major tourism resorts in Morocco, as planned under the Vision 2020 framework and based on two shared convictions:
- The development of Resorts and Tourism Residences integrating a comprehensive range of leisure activities provides clear value added in terms of tourism appeal, as a complement to hotel offerings.
- The high growth potential of Morocco generated by the development of Family and Leisure Resorts meets considerable demand from both national and international clients.
In addition to the Resort currently being developed in Marrakech, the two groups have decided to extend the scope of their partnership to other sites in the country, namely Taghazout and Saïdia.
Saïdia
The Saïdia resort located in the north-east of Morocco on the Mediterranean coast, currently has three five-star hotels, tourism residences, an 18-hole golf course, a Marina and a shopping centre.
In the Saïdia resort, the CDG/Pierre & Vacances-Center Parcs partnership concerns a Pierre & Vacances village with 400 units due to be built in synergy and as a complement to other components and facilities at the heart of the station including a water park, a leisure park and a conference centre, which are to be developed in parallel by the CDG subsidiary, Société de Développement de Saïdia (SDS).
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