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Construction in Morocco – Key Trends and Opportunities to 2021

Construction in Morocco – Key Trends and Opportunities to 2021

Synopsis

In real terms, the Moroccan construction industry posted positive growth during the review period (2012–2016) despite political instability. The industry was supported by effective political reforms implemented by the government, coupled with large-scale investments in various transport and residential infrastructure projects.

Over the forecast period (2017–2021), industry growth is expected to be supported by government efforts to upgrade the country’s transport infrastructure and improve the country’s energy production capacity.

The government’s aim to encourage the participation of the private-sector in economic growth through public-private partnerships is expected to bode well for the industry over the forecast period. Timetric expects the construction output to register a compound annual growth rate (CAGR) of 3.74% in real terms from 2017 to 2021.

Summary

Timetric’s Construction in Morocco – Key Trends and Opportunities to 2021 report provides detailed market analysis, information and insights into the Moroccan construction industry, including:

  • The Moroccan construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Moroccan construction industry
  • Profiles of the leading operators in the Moroccan construction industry
Scope

This report provides a comprehensive analysis of the construction industry in Morocco. It provides:
  • Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Morocco using construction output and value-add methods
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
  • Detailed profiles of the leading construction companies in Morocco
Reasons To Buy
  • Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts.
  • Understand the latest industry and market trends.
  • Formulate and validate strategy using Timetric's critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.
Key Highlights
  • In May 2016, the Chinese government signed a memorandum of understanding with the Moroccan government to develop a new industrial city with a total investment of MAD98.3 billion (US$10.0 billion) in Tangiers.
  • In a bid to promote economic growth, in November 2016 the government, announced plans to invest MAD77.0 billion (US$7.8 billion) until 2021 to develop various public infrastructure projects in the Western Sahara region.
  • Under the 2014–2018 Integrated Development Program for Bouregreg Valley, in June 2017 the government, signed an agreement to develop a skyscraper in Rabat with a total investment of MAD3.7 billion (US$375.0 million). This includes the construction of a 45-storey tower with several hotels, offices, luxury apartments, the National Archives of the Kingdom of Morocco, and an arts and culture house.
  • The development of transport infrastructure is vital to Morocco’s economic growth. In January 2016, the African Development Bank granted a loan worth MAD1.1 billion (US$112.3 million) until 2020 to develop rail infrastructure projects in the country.
  • According to Timetric, the energy and utilities construction market is expected to record a CAGR of 6.38% over the forecast period, as compared with 4.90% registered during the period. Market growth is expected to be supported by the government’s aim to reduce reliance on energy imports. Accordingly, in January 2017, the government announced plans to generate 4,000MW of energy from renewable sources by 2020, owing to the vast potential of the renewable sector. This is expected to drive funding towards renewable energy infrastructure projects over the forecast period.


  • Executive Summary
  • Industry Outlook
    • Commercial Construction
    • Industrial Construction
    • Infrastructure Construction
    • Energy and Utilities Construction
    • Institutional Construction
    • Residential Construction
  • Key Issues and Developments
  • Market Data Analysis
    • Construction Output and Value Add
      • Construction output by project type
        • Table Moroccan Construction Output by Project Type (MAD Million), 2012-2016
        • Table Moroccan Construction Output by Project Type (MAD Million), 2016-2021
      • Construction output by cost type
        • Table Moroccan Construction Output by Cost Type (MAD Million), 2012-2016
        • Table Moroccan Construction Output by Cost Type (MAD Million), 2016-2021
      • Construction output by activity type
        • Table Moroccan Construction Output by Activity Type (MAD Million), 2012-2016
        • Table Moroccan Construction Output by Activity Type (MAD Million), 2016-2021
      • Construction value add by project type
        • Table Moroccan Construction Value Add by Project Type (MAD Million), 2012-2016
        • Table Moroccan Construction Value Add by Project Type (MAD Million), 2016-2021
    • Commercial Construction
      • Commercial construction output by project type
        • Table Moroccan Commercial Construction Output by Project Type (MAD Million), 2012- 2016
        • Table Moroccan Commercial Construction Output by Project Type (MAD Million), 2016- 2021
      • Commercial construction output by cost type
        • Table Moroccan Commercial Construction Output by Cost Type (MAD Million), 2012- 2016
        • Table Moroccan Commercial Construction Output by Cost Type (MAD Million), 2016- 2021
      • Commercial construction output by activity type
        • Table Moroccan Commercial Construction Output by Activity Type (MAD Million), 2012- 2016
        • Table Moroccan Commercial Construction Output by Activity Type (MAD Million), 2016- 2021
      • Commercial construction value add by project type
        • Table Moroccan Commercial Construction Value Add by Project Type (MAD Million), 2012-2016
        • Table Moroccan Commercial Construction Value Add by Project Type (MAD Million), 2016-2021
    • Industrial Construction
      • Industrial construction output by project type
        • Table Moroccan Industrial Construction Output by Project Type (MAD Million), 2012- 2016
        • Table Moroccan Industrial Construction Output by Project Type (MAD Million), 2016- 2021
      • Industrial construction output by cost type
        • Table Moroccan Industrial Construction Output by Cost Type (MAD Million), 2012-2016
        • Table Moroccan Industrial Construction Output by Cost Type (MAD Million), 2016-2021
      • Industrial construction output by activity type
        • Table Moroccan Industrial Construction Output by Activity Type (MAD Million), 2012- 2016
        • Table Moroccan Industrial Construction Output by Activity Type (MAD Million), 2016- 2021
      • Industrial construction value add by project type
        • Table Moroccan Industrial Construction Value Add by Project Type (MAD Million), 2012- 2016
        • Table Moroccan Industrial Construction Value Add by Project Type (MAD Million), 2016- 2021
    • Infrastructure Construction
      • Infrastructure construction output by project type
        • Table Moroccan Infrastructure Construction Output by Project Type (MAD Million), 2012-2016
        • Table Moroccan Infrastructure Construction Output by Project Type (MAD Million), 2016-2021
      • Infrastructure construction output by cost type
        • Table Moroccan Infrastructure Construction Output by Cost Type (MAD Million), 2012- 2016
        • Table Moroccan Infrastructure Construction Output by Cost Type (MAD Million), 2016-2021
      • Infrastructure construction output by activity type
        • Table Moroccan Infrastructure Construction Output by Activity Type (MAD Million), 2012-2016
        • Table Moroccan Infrastructure Construction Output by Activity Type (MAD Million), 2016-2021
      • Infrastructure construction value add by project type
        • Table Moroccan Infrastructure Construction Value Add by Project Type (MAD Million), 2012-2016
        • Table Moroccan Infrastructure Construction Value Add by Project Type (MAD Million), 2016-2021
    • Energy and Utilities Construction
      • Energy and utilities construction output by project type
        • Table Moroccan Energy and Utilities Construction Output by Project Type (MAD Million), 2012-2016
        • Table Moroccan Energy and Utilities Construction Output by Project Type (MAD Million), 2016-2021
      • Energy and utilities construction output by cost type
        • Table Moroccan Energy and Utilities Construction Output by Cost Type (MAD Million), 2012-2016
        • Table Moroccan Energy and Utilities Construction Output by Cost Type (MAD Million), 2016-2021
      • Energy and utilities construction output by activity type
        • Table Moroccan Energy and Utilities Construction Output by Activity Type (MAD Million), 2012-2016
        • Table Moroccan Energy and Utilities Construction Output by Activity Type (MAD Million), 2016-2021
      • Energy and utilities construction value add by project type
        • Table Moroccan Energy and Utilities Construction Value Add by Project Type (MAD Million), 2012-2016
        • Table Moroccan Energy and Utilities Construction Value Add by Project Type (MAD Million), 2016-2021
    • Institutional Construction
      • Institutional construction output by project type
        • Table Moroccan Institutional Construction Output by Project Type (MAD Million), 2012- 2016
        • Table Moroccan Institutional Construction Output by Project Type (MAD Million), 2016- 2021
      • Institutional construction output by cost type
        • Table Moroccan Institutional Construction Output by Cost Type (MAD Million), 2012- 2016
        • Table Moroccan Institutional Construction Output by Cost Type (MAD Million), 2016- 2021
      • Institutional construction output by activity type
        • Table Moroccan Institutional Construction Output by Activity Type (MAD Million), 2012- 2016
        • Table Moroccan Institutional Construction Output by Activity Type (MAD Million), 2016- 2021
      • Institutional construction value add by project type
        • Table Moroccan Institutional Construction Value Add by Project Type (MAD Million), 2012-2016
        • Table Moroccan Institutional Construction Value Add by Project Type (MAD Million), 2016-2021
    • Residential Construction
      • Residential construction output by project type
        • Table Moroccan Residential Construction Output by Project Type (MAD Million), 2012- 2016
        • Table Moroccan Residential Construction Output by Project Type (MAD Million), 2016- 2021
      • Residential construction output by cost type
        • Table Moroccan Residential Construction Output by Cost Type (MAD Million), 2012-2016
        • Table Moroccan Residential Construction Output by Cost Type (MAD Million), 2016-2021
      • Residential construction output by activity type
        • Table Moroccan Residential Construction Output by Activity Type (MAD Million), 2012- 2016
        • Table Moroccan Residential Construction Output by Activity Type (MAD Million), 2016- 2021
      • Residential construction value add by project type
        • Table Moroccan Residential Construction Value Add by Project Type (MAD Million), 2012-2016
        • Table Moroccan Residential Construction Value Add by Project Type (MAD Million), 2016-2021
  • Company Profile: Douja Promotion Group Addoha SA
    • Douja Promotion Group Addoha SA - Company Overview
      • Table Douja Promotion Group Addoha SA, Key Facts
    • Douja Promotion Group Addoha SA - Main Services
      • Table Douja Promotion Group Addoha SA, Main Services
    • Douja Promotion Group Addoha SA - Company Information
      • Douja Promotion Group Addoha SA - key competitors
      • Douja Promotion Group Addoha SA - key employees
        • Table Douja Promotion Group Addoha SA, Key Employees
  • Company Profile: Alliances Developpement Immobilier SA
    • Alliances Developpement Immobilier SA - Company Overview
      • Table Alliances Developpement Immobilier SA, Key Facts
    • Alliances Developpement Immobilier SA - Main Services
      • Table Alliances Developpement Immobilier SA, Main Services
    • Alliances Developpement Immobilier SA - History
      • Table Alliances Developpement Immobilier SA, History
    • Alliances Developpement Immobilier SA - Company Information
      • Alliances Developpement Immobilier SA - key competitors
      • Alliances Developpement Immobilier SA - key employees
        • Table Alliances Developpement Immobilier SA, Key Employees
  • Company Profile: Société de Travaux Agricoles Marocaine
    • Société de Travaux Agricoles Marocaine - Company Overview
      • Table Société de Travaux Agricoles Marocaine, Key Facts
    • Société de Travaux Agricoles Marocaine - Main Services
      • Table Société de Travaux Agricoles Marocaine, Main Services
    • Société de Travaux Agricoles Marocaine - History
      • Table Société de Travaux Agricoles Marocaine, History
    • Société de Travaux Agricoles Marocaine - Company Information
      • Société de Travaux Agricoles Marocaine - key competitors
      • Société de Travaux Agricoles Marocaine - key employees
        • Table Société de Travaux Agricoles Marocaine, Key Employees
  • Company Profile: Société Générale des Travaux du Maroc SA
    • Société Générale des Travaux du Maroc SA - Company Overview
      • Table Société Générale des Travaux du Maroc SA, Key Facts
    • Société Générale des Travaux du Maroc SA - Main Services
      • Table Société Générale des Travaux du Maroc SA, Main Services
    • Société Générale des Travaux du Maroc SA - History
      • Table Société Générale des Travaux du Maroc SA, History
    • Société Générale des Travaux du Maroc SA - Company Information
      • Société Générale des Travaux du Maroc SA - key competitors
      • Société Générale des Travaux du Maroc SA - key employees
        • Table Société Générale des Travaux du Maroc SA, Key Employees
  • Company Profile: Société Nationale des Autoroutes du Maroc
    • Société Nationale des Autoroutes du Maroc - Company Overview
      • Table Société Nationale des Autoroutes du Maroc, Key Facts
    • Société Nationale des Autoroutes du Maroc - Main Services
      • Table Société Nationale des Autoroutes du Maroc, Main Services
    • Société Nationale des Autoroutes du Maroc - History
      • Table Société Nationale des Autoroutes du Maroc, History
    • Société Nationale des Autoroutes du Maroc - Company Information
      • Société Nationale des Autoroutes du Maroc - key competitors
      • Société Nationale des Autoroutes du Maroc - key employees
        • Table Société Nationale des Autoroutes du Maroc, Key Employees
  • Appendix
    • What is this Report About?
    • Definitions
      • Table Timetric Construction Market Definitions
    • Methodology
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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