Morocco Plans MAD 20 Billion to Build And Upgrade Stadiums

Specifications:

Name:

Morocco Plans MAD 20 Billion to Build And Upgrade Stadiums

Location:

Morocco

Company:

Morocco

Estimated Cost:

MAD 20 Billion

Source:

https://www.moroccoworldnews.com/

Introduction:

Morocco has committed around MAD 20 billion (nearly $2 billion) for the rehabilitation of six football stadiums and the construction of a new one in preparation for the 2025 Africa Cup of Nations.

Features:

The agreement encompasses the upgrading of six football stadiums in Tangier, Casablanca, Rabat, Agadir, Marrakech, and Fez, along with the construction of a new stadium in Benslimane.

During the first phase, projected to last from 2023 to 2025, Morocco will focus on upgrading and renovating the six stadiums with a budget of MAD 9.5 billion for the continental tournament.

Following this, a second upgrade phase will take place between 2025 and 2028, with an estimated budget ranging from MAD 4.5 to 6 billion.

In addition, a budget of MAD 5 million will be allocated for the construction of the new stadium in Benslimane.