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RABAT (Reuters) - Morocco's state fund plans to cut holdings in financial companies in coming years to focus on a smaller number of core businesses in real estate and tourism, its chief executive said on Friday.

Anas Alami, appointed to head CDG by King Mohammed last June, said the role of the $15 billion fund in strengthening and developing financial companies was complete.

"They are strong and healthy now," he told Reuters in his first media interview since his appointment

"We want to focus on our core business: firstly real estate and urban development and planning. This business is very profitable," Alami said.

"We also continue our development and growth in the tourism industry. It is strategic for Morocco's development and a promising sector to sustain our growth."

The portfolio of CDG, one of the country's biggest funds, includes holdings in paper making, mobile phone camera manufacturing, tourism, real estate, insurance, banking, telecoms and agrobusiness.

"In the past, CDG had a role in strengthening and developing some financial companies and institutions," Alami said.

"CDG plans to get out from some of such institutions. It plans to reduce holdings in financial assets. It wants to lighten and reduce its exposures in some financial assets," he added.