Paradise Golf and Beach Resort, Morocco

That this House recognises that some 800 investors, the vast majority of whom are British citizens, made investments in the Moroccan Paradise Golf and Beach Resort which was first advertised in 2006; understands the development was widely promoted as part of Morocco’s Vision 2020 tourism plan and was marketed as a luxurious five-star tourist resort near the city of Tangier, however, the site remains incomplete after construction halted in 2016; notes that this long-running dispute continues to cause distress to investors who have failed to recoup their initial investments with some having lost their life savings; further understands that the developer of the resort was cleared of any wrongdoing; welcomes UK Government officials raising this issue with Moroccan counterparts but notes these discussions have been described as constructive but not conclusive; also understands that the Moroccan Government offered a solution which involved a bank financing the completion of the scheme as documented in Hansard on 17 January 2018; further notes that Lord Ahmad, Minister for North Africa and the Middle East, confirmed in correspondence on 28 March 2024 his understanding that the Moroccan Government wish to see a resolution to this issue; calls on the Foreign, Commonwealth and Development Office to take all necessary actions to ensure the Moroccan Government honours its commitment and delivers a solution for British investors; and urges the UK Government to support UK investors’ interests during the ongoing trade negotiations with Morocco.