Taghazout Bay
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Native name
Société d'Aménagement et de Promotion de la Station de TaghazoutFoundedJuly 2011
Headquarters
Rabat
, Morocco
Area served
Taghazout, AgadirNative name | Société d'Aménagement et de Promotion de la Station de Taghazout |
|---|---|
| Founded | July 2011 |
| Headquarters | Rabat , Morocco |
Area served | Taghazout, Agadir |
| Website | Taghazout Bay |
Taghazout Bay is a seaside resort located in South Morocco. Designed according to the Azur plan, it covers 615 hectares (1,520 acres) of a coastline that has 2.8 miles (4.5 km) of beaches.
This future resort will constitute of sports and leisure facilities, such as a beach club, a medina and golf, tennis, surf and soccer academies.[1]
SAPST is a public limited company with a capital of four hundred million Dirhams (MAD 400,000,000), owned by four renowned Moroccan shareholders:
| Shareholders | Market share |
|---|---|
| CDG Développement | 45% |
| Moroccan Fund for Tourism Development (FDMT) | 25% |
| Sud Partners (Consortium with Akwa Group on top of it) | 25% |
| Moroccan Tourism Engineering Company (SMIT) | 5% |
Since it was established in July 2011, SAPST is responsible for the planning, development and management of the Taghazout Bay station.[2]