The decision was made during a meeting in Dubai between King Mohammed VI of Morocco, Mauritanian President Mohamed Ould Ghazouani, and Emirati President Mohamed Bin Zayed Al Nahyan. While the specific details of the project remain undisclosed, it is expected to be a significant undertaking with the UAE playing a key role as a financial partner.
This initiative aligns with King Mohammed VI’s vision for the development of Morocco’s Atlantic coast, including the Sahara region, into a major economic and geopolitical hub connecting Africa, Europe, and the Americas.
The UAE has a proven track record of successful investments in Morocco, notably through the Wessal fund, which has significantly contributed to the development of the tourism sector in cities like Rabat, Casablanca, and Tangier.
This project is expected to not only generate economic benefits but also strengthen ties between the three countries. It is seen as a crucial step towards further regional integration and cooperation.
MK/Sf/te/fss/abj/APA