Private State domain: 331 real estate acquisition files processed in 2023

Hibapress

The number of real estate acquisition files processed for the 2023 financial year stood at 331, for a value of 1.33 billion dirhams (MMDH), according to the activity report of the State Domains Directorate (DDE) under the Ministry of Economy and Finance.

These are 214 cases handled amicably for an amount of 1.08 billion dirhams and 117 cases handled by expropriation (251.9 million dirhams (MDH)), specifies the DDE in its report entitled “Private domain of the State: Strategic asset at the service of the socio-economic development of Morocco”.

Compared to the year 2022 which recorded a total of 1,152 cases, the report notes a decline of 71%, explained by an exceptional operation relating to the execution, in 2022, of possession orders concerning 882 plots in the industrial zone of Tangier (3rd tranche).

In terms of value, 2023 was marked by an increase of 39% compared to 2022, with a total amount of MAD 1.33 billion. This performance is mainly explained by exceptional operations carried out for the benefit of three departments, for a total value of 686.15 MDH.

The DDE plays an essential role in supporting economic and social development policies by mobilizing the land necessary for the implementation of sectoral strategies, as well as for the creation of public facilities and investment projects that create wealth and jobs.

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