Tripartite Partnership Brings Housing Closer to Workers

The Chrafate Green City, located near the Tanger Automotive City industrial hub, is set to strengthen its position as a residential space designed to accommodate families working in the industrial zones, following the signing of a tripartite agreement aimed at facilitating home ownership for employees of companies belonging to the region's Investors Association.

The agreement, signed on Tuesday, November 10, 2026, and whose details were announced on Wednesday, brought together Al Omrane Tangier-Tetouan-Al Hoceima, Al Barid Bank, and the Tanger Automotive City Investors Association, with the presence and support of the Governor of the Fahs-Anjra province, Mohamed Khalfaoui.

This partnership is based on providing real estate offers with preferential terms, including residential apartments and serviced plots within the Chrafate Green City, along with price discounts for beneficiaries who meet the specified criteria.

Al Barid Bank will provide real estate financing solutions with preferential terms, in addition to assisting employees during the preparation and review of their files in accordance with standard banking procedures. Meanwhile, the Investors Association will work to mobilize companies, identify employees wishing to benefit, and organize information sessions to explain the offers and procedures.

The initiative holds particular importance in light of the industrial expansion currently being experienced in the Tangier region, and the accompanying rise in demand for housing near workplaces. It is expected to contribute to reducing daily commuting burdens and improving the social and professional stability of employees and their families.

The agreement also reflects a trend toward linking industrial development with urban and social development by providing a suitable residential environment for human resources, which constitute a fundamental pillar of the region's economic activity.

Actual access to these facilities remains subject to eligibility conditions and financing capacity, as the agreement does not imply the automatic granting of loans or housing to all workers, pending the translation of the partnership terms into practical offers for the concerned employees.