
CASABLANCA STADIUM
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CASABLANCA STADIUM
-after six attempts (1994 1998 2000 2006 2010 2026), Morocco will at last host the world cup jointly with its European neighbors Spain and Portugal.
-the average cost of organizing of the World Cup 2030 edition will cost a total of between 15 and 20 billion dollars for the Morocco-Spain-Portugal trio; -Morocco's share of this organizational budget will be around 5 billion dollars (approximately 52 billion dirhams).
-Morocco, will dedicate between 5 and 6 billion dollars (50 to 60 billion dirhams), for the organization of the world cup, which will take place in six cities of the Kingdom; which are Casablanca, Rabat, fez, Marrakech, tangier and Agadir.
This envelope includes: 17 billion dirhams for the construction and renovation of stadiums, including the building of a new stadium in Casablanca; 8 billion dirhams for costs related to training centers; 17 billion dirhams for transport and infrastructure and; 10 billion dirhams for general organizational costs.
-The Funding for this event will be provided by several actors, with the Moroccan state contribution of 25 billion dirhams, while public companies and other sources will provide the rest of funds.
-The 2030 World Cup will cost Morocco nearly 52 billion dirhams, according to an independent study, but extra spending must be expected in case.
-But the question is what will morocco gain from this event, according to Brazilian experience ,the hosting of world cup 2014 and the Olympic games of 2016 was a total financial fiasco, many stadiums had been destroyed because they are financially a burden instead of generating profits; not to mention the catastrophic experience of Greece after hosting the Olympic games of 2004,this country had witnessed a total financial collapse four years later, I hope Morocco will not experience such ordeal and fall into this financial abyss.