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"Housing Committee" approves two draft laws
๐Ÿ‡ฒ๐Ÿ‡ฆ Morocco /Economy & Trade

"Housing Committee" approves two draft laws

From Hespress · () Arabic

Translated from Arabic, summarized and contextualized by DistantNews.

At a glance

News Named sources Approved/passed
  • Morocco's Housing Committee approved two draft laws concerning urban planning and housing.
  • The laws aim to strengthen regional agencies' roles in urban development and facilitate access to housing.
  • They also seek to provide legal solutions for real estate development challenges and stimulate investment.

Morocco's Committee on the Interior, Local Authorities, Housing, and Urban Policy has approved two significant draft laws. The first, Law No. 64.23, establishes regional agencies for urban planning and housing. This law aims to bolster the core functions of these agencies in urban planning, rural development, investment support, and land supply. It also seeks to diversify their funding sources and improve access to housing while combating substandard living conditions.

The second approved law, Law No. 34.21, modifies and supplements Law No. 25.90 on real estate subdivisions and housing groups. This legislation intends to offer practical legal solutions to pressing issues in real estate development and division. It aims to stimulate investment in real estate subdivisions and housing projects by simplifying procedures and reducing timelines, aligning with broader efforts to streamline administrative processes.

DistantNews Editorial

Originally published by Hespress in Arabic. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.