Native name | Société d'Aménagement et de Promotion de la Station de Taghazout |
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Founded | July 2011 |
Headquarters | Rabat , Morocco |
Area served | Taghazout, Agadir |
Website | Taghazout Bay |
Taghazout Bay is a seaside resort located in South Morocco. Designed in the framework of the Azur plan, it spreads over a 615 Ha area stretched on a coastline of 2.8 miles 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 |
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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]