CASAREGIONSPORT Company Launched with MAD 20 Million Capital to Modernize Casablanca Sports Facilities

Mohamed Mhidia, the Wali of the Casablanca-Settat region, has sent a letter to Nabila Rmili, the President of the City Council, requesting the inclusion of the establishment of "CASAREGIONSPORT" company on the agenda of the extraordinary session scheduled for December 2, 2025. The company is set to take over the management, operation, and maintenance of the city's sports facilities.

As reported by "Sawt Al Maghrib" website, the company's capital has been set at MAD 20 million. This capital is distributed among the Ministry of Economy and Finance (MAD 10 million), the Casablanca-Settat region (MAD 4.5 million), the Royal Moroccan Football Federation (MAD 3.5 million), and the Casablanca Municipality (MAD 2 million), thereby covering the entire capital.

The creation of the company aims for the comprehensive management of both existing and new sports facilities, particularly those linked to major upcoming events such as the 2025 Africa Cup of Nations and the 2030 FIFA World Cup. It also allows for the utilization of these spaces for sports, cultural, and commercial activities, and the formation of partnerships with various stakeholders to ensure sustainability.

The company's board of directors will comprise the Wali of the region, a representative from the Ministry of Economy and Finance, a representative from the Ministry of National Education and Sports, a representative from the Royal Moroccan Football Federation, the President of the Regional Council, and the President of the Communal Council. Their initial term will span three years.

To ensure the company's sustainability and protect shareholder rights, 65% of the profits will be allocated to the statutory reserve fund. The remaining profits will then be distributed to shareholders in accordance with the legal decisions of the General Assembly.

This strategic decision is intended to end the dominance of "Sonarges" and "Casa Event" companies in managing sports infrastructure. It paves the way for a new public-private partnership model, aiming to modernize management practices according to professional standards.