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Moroccan Touristic Engineering Company

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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. [1]

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