Morocco's national airline Royal Air Maroc (RAM) intends to quadruple its air fleet by the end of the next decade, in order to support the development of the tourism sector, under the terms of a program contract signed on Tuesday with the government. Mr. Akhannouch and the CEO of Royal Air Maroc (RAM), Hamid Addou, signed an investment program contract in Rabat on Tuesday to meet the tourism development plan, which aims to attract 65 million visitors by 2037. The amount of the investment plan was not disclosed either. It recovered in 2022, with around 11 million tourists, representing a recovery rate of 84% of 2019 arrivals, according to official statistics. The Cherifian kingdom aims to welcome 17.5 million tourists by 2026, with expected revenues of 120 billion dirhams (around 11 billion euros), according to the Ministry of Tourism.

Source: Ethiopian News July 13, 2023 13:25 UTC