Moroccan Touristic Engineering Company
The Moroccan Touristic Engineering Company (SMIT) is a state-owned company in Morocco.
SMIT created a fund for build up a toruist fund in Morocco. The fund has rreceived investments from the Qatar Investment Authority. Kuwait Investment Authority, Mumtalakat, and Al Maabar, a United Arab Emirates property developer. The total investment from all four sources is $1.77 billion. It has not been made public how much each source funded.