Bidders are understood to include Kuwait’s ProjacsInternational, and Hill Internationaland Turner Construction International, both of the US.

The project, known as Amwaj, calls for the construction of a residential, commercial and tourism development covering an area of about 1 million square metres on a 5,000-hectare site. Amwaj is the first phase of a five-six-phase programme aimed at transforming the Bouregreg valley into an urban district. The scope of works will include harbours, extensive dredging work and real estate developments.