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King Mohammed launches flea-market re-development
Morocco, Economics, 10/30/2000

Morocco's King Mohammed VI launched in Casablanca Monday re-development and construction works of the city's flea-market "Kriaa," located in the "Al Fida" district in Casablanca.

The king unveiled the commemorative plaque and heard explanation on the project meant to relocate 2,400 shops, re-house 15 households and transfer and relocate 575 business from the Sidi Othmane area.

The two-year first phase of the undertaking named "Bir Anzarane" covers 2.3 hectares and will cost about 11 million USD.

The re-development of the whole "Kria" site will cover over 9 hectares, take six years and cost about 60 million USD. Besides a total of 1,945 housing units and 2.400 shops, it includes schools, mosque and city hall annex.

Previous Stories:
  Casablanca traditional fishing sector backs government   (10/28/2000)
  30 Moroccan SME projects get 100 million ff financing   (10/28/2000)
  Oil sector development prospects in Morocco probed   (10/28/2000)

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