Profits will be generated by the businesses on the site, by additional spending of tourists and by transferring large portions of the renovated site to the private sector through sale or long-term lease.
Analysis: Picking Medina Spirit in Preakness is a shaky play
It is fascinating to see how an activity that is considered noxious, and has traditionally been relegated outside the city walls, is today a major point of attraction.
12 September 2011 The old Medina of Fez in Morocco also called Fez el Bali is a pedestrian medieval town with small-scale buildings and twisting narrow streets.