Sunday , August 14 2022

The legendary "La Mamounia" palace is on sale


Legendary Palace "La Mamounia" was registered on Thursday on the official list of privatized public companies since 2019. This is indicated on the French website "Liberation". Since 1922, La Mamounia welcomes stars from around the world in the heart of Marrakech. The legendary palace, mostly owned by (62%) by the National Railways Bureau (ONCF), was published on Thursday on the official list of public companies that can be privatized from 2019, confirming rumors that have been going on for some time, French site. And let's add that this operation, which intends to save the Kingdom of the Kingdom, should bring 10 billion dirhams to Morocco. However, the text should still be approved in Parliament.

Since its inception, Mamuni has been host to many celebrities: Vinston Churchill (painting), Ronald Reagan, Jacques Chirac, Orson Wales, Nelson Mandela, Hilary Clinton, Elton John … The famous palace that has about 200 bedrooms and suites , which are also used for filming, such as "A Man Who Had Too Much", Alfred Hitchcock. La Mamuni was closed in 2006 for major renovations, and Art Deco furniture, Spanish-Moorish or French, was sold at auction. The luxury hotel was reopened three years later.

Like La Mamunia, the Tahaddart Thermal Power Plant is on the list of privatized companies. With a power of 384 MV, this factory, located near Tangiera (north), is managed by a 48% public company owned by ONEE, 32% by the Spanish company Endesa Generacion and 20% by the German company Siemens Project Ventures. And I conclude that from the beginning of the first privatization program in 1993, 77 companies were completely or partially sold to the private sector in the total amount of more than 103 billion dirhams.

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