Morocco: Overseas Investment
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether his Department is taking steps to help support British investors affected by the Paradise Beach Golf Resort development in Morocco.
Answered by Mr Hamish Falconer
The Foreign, Commonwealth and Development Office (FCDO) remains committed to helping all British investors affected by the failure of the Paradise Golf & Beach Resort (PGBR) development and will continue in its efforts to work with the Moroccan authorities to help them receive the compensation to which they are entitled. On 11 February, I met the Ambassador of the Kingdom of Morocco to the United Kingdom and raised PGBR with him to encourage a satisfactory resolution to this longstanding issue. FCDO officials in London continue to raise the issue with their counterparts in the Embassy of the Kingdom of Morocco.
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