Moroccan Paradise Golf and Beach Resort and Atlantic View Development

That this House understands that some 800 investors, 300 of whom were British, made investments in the Moroccan Paradise Golf and Beach Resort and Atlantic View Development which was first advertised in 2006; notes the development was subsequently promoted in 2010 as part of Morocco’s Vision 2020 tourism plan receiving some £35 million of foreign investment of which just £12 million appears able to be accounted for; further notes that the development was marketed as a luxurious five-star tourist resort near the city of Tangier but remains incomplete after construction halted in 2009; recognises the distress that this long-running dispute has caused investors who have failed to recoup their initial investments; further understands that UK government ministers have raised the issue of the incomplete resort at meetings with their Moroccan counterparts since 2016 which have been described as constructive but not conclusive; and calls on the Foreign, Commonwealth and Development Office to take all necessary actions to bring a about a swift resolution to this dispute, with investors being refunded in full.