Within the framework of the low-cost housing program, the Al Omrane Group intends to undertake, by the end of this year, the building of more than 22,000 housing units, half of which are currently under construction. The group committed to achieving 129,000 housing units that do not exceed a total cost of MAD 140,000 in the coming 4 years.
This program was first launched in Oujda, Marrakech, Meknes, in southern Morocco and in Tamesna.
Given its highly social character, the government has endowed the low-cost housing with a package of measures to guarantee its success. Consequently, low-cost housing program is totally exempted from taxes and is equipped at cost price. The government also pledged to cover the costs of studies and technical supervision of this product in rural areas, whereas this product will be marketed through a committee to fend off any change in the product.
via Maghreb Arabe Presse