Government investments expected to boost Moroccan construction industry15 June 2011
Investments planned by the Moroccan government are expected to provide a much needed boost to the Moroccan construction industry.
The government of Morocco has planned to invest more than US$15 billion by 2015 to upgrade the country's basic infrastructure such as roads and airports. The educational sector is receiving US$418 million for the construction of 4,000 schools in the country, and private sector businesses are competing to venture into Morocco's construction industry to build private schools, hospitals, mega-malls and amusement parks.
The country's growing economy and rising income among the middle class group, which constitutes 30% of the total population, have resulted in increased demand in the country.
For a company like Alliances Developpement Immobilier SA (ADISA) that specialises in development, construction and marketing of commercial and residential assets and tourist properties and in real estate projects, the prospective boom will most certainly provide a shot in the arm. For global firms that are looking for opportunities to enter Morocco’s construction industry too, the infrastructure investments by the Moroccan government could provide an easy way into the country.
Detailed SWOT analysis of the construction majors with in-depth analysis of the construction industry can be found in the report The Future of Construction in Morocco to 2015 published by World Market Intelligence (WMI). WMI is a premium information and marketing solution company focused on providing high quality information and software solutions to drive business success.
To access the complete report, please visit our premium subscription Construction Intelligence Center product, www.worldmarketintelligence.com/ic/construction