Imkan Awards Construction Deal for Le Carrousel in Morocco

Imkan Awards Construction Deal for Le Carrousel in Morocco

UAE’s developer Imkan has awarded Sogea Maroc, a subsidiary of French group Vinci, an AED 300 mn contract to build the first phase of Le Carrousel in Rabat, Morocco, Invest-Gate reports.

Under the three-year deal, Sogea Maroc has been entrusted to build the residential areas, seafront promenade, and over 40 retail outlets across the mixed-use project.

Commenting on the project award, Imkan CEO Walid El Hindi said, “We are confident that our new partner will play a pivotal role in the seamless delivery of Le Carrousel.”

The contract marks the first award for the 10-hectare Le Carrousel community in Rabat. Following this initial agreement, Imkan is analyzing and finalizing partnerships for the construction of the shopping mall and hotel, which will be released in the coming days.

Le Carrousel features residences within a private community, including a seafront promenade, boutique hotel, and the first open-air shopping mall in Morocco.

In September, Imkan has joined forces with Nael and Bin Harmal Hydroexport Establishment (NBHH) to begin construction work for the first phase of AlJurf on Sahel Al Emarat in Abu Dhabi, the UAE.

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