Morocco's construction sector is experiencing significant growth, driven by various factors including government initiatives, investments in infrastructure, and a rising demand for housing. This article explores the current state of the construction market in Morocco, highlighting key sectors, major contractors, influential consultants, recent developments, and future trends. Understanding these elements can provide valuable insights for businesses and stakeholders interested in the Moroccan construction landscape.
Key Takeaways
The construction market in Morocco was valued at $20.5 billion in 2023.
Residential construction is the leading sector, supported by affordable housing programs.
Key contractors include Societe Generale des Travaux du Maroc and STAM.
Worley and Lombardi Engineering are among the top consulting firms in the industry.
The market is projected to grow at a rate of over 3% annually from 2025 to 2028.