GUARANTY FUND DEVOTED TO TOURISM PROJECTS

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GUARANTY FUND DEVOTED TO TOURISM PROJECTS
Incentive Category : Funding

Description

Guarantee of bank loans granted for the completion of accommodation establishment projects (except TPRER) and/or of a medium and large size tourism entertainment component.

Organization

Central Guarantee Fund (CGF)

Detail

A minimum of 40% is financed through equity and a maximum of 60% through bank loans.
The 1% guarantee cost (excluding taxes) per year on the outstanding capital of the secured loan.

The fundable programs are:

  1. Programs involving physical investments (buildings, equipment, etc.);
  2. Intangible investments (stock in trade, need in RDF).

Eligibility

1. Be a company governed by the Moroccan law;
2. Submit an investment program for the creation of an accommodation establishment (except TPRER) and/or a tourist entertainment component.

Contact

https://www.ccg.ma/fr/la-ccg/publications/brochures?page=7