A high-end destination on the coast of the capital city; the subsidiary of French group Vinci, SOGEA MAROC, has been entrusted to build the residential areas, seafront promenade, and over 40 retail outlets across Le Carrousel.

SOGEA MAROC has been active in Morocco since 1930 and is a national leader in the construction industry. Recognized for high-quality construction and timely delivery, SOGEA MAROC is also renowned for its international standard approach to quality, security, and the environment. The Morocco-based contractor is ISO 9001, 45001 and14001 certified, and was awarded the CSR Label from CGEM (General Confederation of Moroccan Companies)

IMKAN CEO, Walid El Hindi, said: “When choosing a construction partner, whether here in the UAE or globally it is important that we work with a company that shares our beliefs and ethos to deliver to the highest standards, and importantly, on time. We work with world-class partners across our international sites and we’re proud to collaborate with the VINCI group and SOGEA MAROC in Morocco. We are confident that our new partner will play a pivotal role in the seamless delivery of Le Carrousel.”

This is the first contract to be awarded for the flagship Le Carrousel community in Rabat. Following this initial agreement, IMKAN is analyzing and finalizing partnerships for construction of the shopping mall and hotel, which will be released in the coming days.

Le Carrousel in figures 

  • 5-billion-dirham investment
  • 1,100 direct and indirect jobs
  • 10 hectares surface area
  • 30,000m² mall with 120 shops
  • 500-meter seafront promenade
  • 5-star hotel
  • 12,000 m² office space

-Ends-

About IMKAN

Abu-Dhabi-based property developer IMKAN controls a portfolio of 26 projects spread across three continents. The company’s mission is to design inspirational spaces that enrich people’s lives.

Based upon a platform of specific research, IMKAN studies habits and social behaviors as well as market segments. This research-based approach allows the company to shape communities that meet the expectations of various sets of profiles.  

IMKAN is a wholly-owned subsidiary of the Abu Dhabi Capital Group (ADCG). Some of its primary projects have been developed in the heart of the craftsmen’s district of Abu Dhabi, including the construction of Artery, a multi-use building which houses residential space and covered parking. Another IMKAN project, Pixel, consists of the first of its kind to offer mixed-use housing. Other key projects include Nudra (a residential zone of seaside luxury villas), Sheikha Fatima Park, the first urban park of the capital, and AlJurf, the second fully-integrated residence on the Sahel Al Emarat coast. Many additional projects are located between Abu Dhabi and Dubai, proposing timelessly-elegant villas as well as building sites situated within a protected natural ecosystem. As scheduled, IMKAN delivered the extension project of Villa Diyafa, the 5-star hotel located in the Embassy District of Rabat, at the end of 2019. 

For further information, please contact:
https://www.imkanmaroc.ma
hello@imkanmaroc.ma
+212530-111030
800 IMKAN (46526)

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.