Tuesday, December 06, 2005

Construction: Joint American-Russian project in Morocco

An American and a Russian company are to join forces to carry out the construction of the "Club Tamesloht resort," in Marrakech, Morocco.

The venture between Metropol invest, from Russia and American Strategic Partners, will be the first American Russian project in Morocco, and the first of its kind in the Arab world. The deal is worth $160 million.