Morocco and Israel to Hold Virtual Summit on Tourism Investment

– byGinette · 1 min read
Morocco and Israel to Hold Virtual Summit on Tourism Investment

"Morocco Israel Tourism Investment Summit", this is the theme of the high-level virtual business meeting to be held on March 22 between Moroccan and Israeli investors.

The Moroccan Society of Tourism Engineering (SMIT) and several other structures both in Morocco and Israel, are working to organize this webinar which aims to strengthen bilateral relations between Morocco and Israel. It is also about boosting economic development in the field of tourism investment.

Since December 2020, relations between Morocco and Israel have entered a more active phase marked by new opportunities in several areas. Thus, this virtual meeting will bring together a large number of Moroccan, Israeli and other tourism and hotel investors. But it will also be a meeting for the exchange and sharing of investment funds, hotel owners and developers, major international hotel management firms, as well as industry experts, notes the SMIT in a press release.

The SMIT stresses that this is "the first meeting between the two business and tourism and hotel investment communities which aims to be the initiator of fruitful partnerships, to establish a business platform par excellence where countless projects can be proposed". The aim is to position the Moroccan destination among investors and other economic operators.