Construction in Morocco - Key Trends and Opportunities to 2021

Published: Sep, 2017 | Pages: 66 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)

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.

 Table of Contents

1 Executive Summary
2 Industry Outlook
2.1 Commercial Construction
2.2 Industrial Construction
2.3 Infrastructure Construction
2.4 Energy and Utilities Construction
2.5 Institutional Construction
2.6 Residential Construction
3 Key Issues and Developments
4 Market Data Analysis
4.1 Construction Output and Value Add
4.1.1 Construction output by project type
4.1.2 Construction output by cost type
4.1.3 Construction output by activity type
4.1.4 Construction value add by project type
4.2 Commercial Construction
4.2.1 Commercial construction output by project type
4.2.2 Commercial construction output by cost type
4.2.3 Commercial construction output by activity type
4.2.4 Commercial construction value add by project type
4.3 Industrial Construction
4.3.1 Industrial construction output by project type
4.3.2 Industrial construction output by cost type
4.3.3 Industrial construction output by activity type
4.3.4 Industrial construction value add by project type
4.4 Infrastructure Construction
4.4.1 Infrastructure construction output by project type
4.4.2 Infrastructure construction output by cost type
4.4.3 Infrastructure construction output by activity type
4.4.4 Infrastructure construction value add by project type
4.5 Energy and Utilities Construction
4.5.1 Energy and utilities construction output by project type
4.5.2 Energy and utilities construction output by cost type
4.5.3 Energy and utilities construction output by activity type
4.5.4 Energy and utilities construction value add by project type
4.6 Institutional Construction
4.6.1 Institutional construction output by project type
4.6.2 Institutional construction output by cost type
4.6.3 Institutional construction output by activity type
4.6.4 Institutional construction value add by project type
4.7 Residential Construction
4.7.1 Residential construction output by project type
4.7.2 Residential construction output by cost type
4.7.3 Residential construction output by activity type
4.7.4 Residential construction value add by project type
5 Company Profile: Douja Promotion Group Addoha SA
5.1 Douja Promotion Group Addoha SA - Company Overview
5.2 Douja Promotion Group Addoha SA - Main Services
5.3 Douja Promotion Group Addoha SA - Company Information
5.3.1 Douja Promotion Group Addoha SA - key competitors
5.3.2 Douja Promotion Group Addoha SA - key employees
6 Company Profile: Alliances Developpement Immobilier SA
6.1 Alliances Developpement Immobilier SA - Company Overview
6.2 Alliances Developpement Immobilier SA - Main Services
6.3 Alliances Developpement Immobilier SA - History
6.4 Alliances Developpement Immobilier SA - Company Information
6.4.1 Alliances Developpement Immobilier SA - key competitors
6.4.2 Alliances Developpement Immobilier SA - key employees
7 Company Profile: Societe de Travaux Agricoles Marocaine
7.1 Societe de Travaux Agricoles Marocaine - Company Overview
7.2 Societe de Travaux Agricoles Marocaine - Main Services
7.3 Societe de Travaux Agricoles Marocaine - History
7.4 Societe de Travaux Agricoles Marocaine - Company Information
7.4.1 Societe de Travaux Agricoles Marocaine - key competitors
7.4.2 Societe de Travaux Agricoles Marocaine - key employees
8 Company Profile: Societe Generale des Travaux du Maroc SA
8.1 Societe Generale des Travaux du Maroc SA - Company Overview
8.2 Societe Generale des Travaux du Maroc SA - Main Services
8.3 Societe Generale des Travaux du Maroc SA - History
8.4 Societe Generale des Travaux du Maroc SA - Company Information
8.4.1 Societe Generale des Travaux du Maroc SA - key competitors
8.4.2 Societe Generale des Travaux du Maroc SA - key employees
9 Company Profile: Societe Nationale des Autoroutes du Maroc
9.1 Societe Nationale des Autoroutes du Maroc - Company Overview
9.2 Societe Nationale des Autoroutes du Maroc - Main Services
9.3 Societe Nationale des Autoroutes du Maroc - History
9.4 Societe Nationale des Autoroutes du Maroc - Company Information
9.4.1 Societe Nationale des Autoroutes du Maroc - key competitors
9.4.2 Societe Nationale des Autoroutes du Maroc - key employees
10 Appendix
10.1 What is this Report About?
10.2 Definitions
10.3 Methodology
10.4 Contact Timetric
10.5 About Timetric
10.6 Timetric's Services
10.7 Disclaimer

List of Tables

Table 1: Moroccan Construction Output by Project Type (MAD Million), 2012-2016
Table 2: Moroccan Construction Output by Project Type (MAD Million), 2016-2021
Table 3: Moroccan Construction Output by Cost Type (MAD Million), 2012-2016
Table 4: Moroccan Construction Output by Cost Type (MAD Million), 2016-2021
Table 5: Moroccan Construction Output by Activity Type (MAD Million), 2012-2016
Table 6: Moroccan Construction Output by Activity Type (MAD Million), 2016-2021
Table 7: Moroccan Construction Value Add by Project Type (MAD Million), 2012-2016
Table 8: Moroccan Construction Value Add by Project Type (MAD Million), 2016-2021
Table 9: Moroccan Commercial Construction Output by Project Type (MAD Million), 2012-2016
Table 10: Moroccan Commercial Construction Output by Project Type (MAD Million), 2016-2021
Table 11: Moroccan Commercial Construction Output by Cost Type (MAD Million), 2012-2016
Table 12: Moroccan Commercial Construction Output by Cost Type (MAD Million), 2016-2021
Table 13: Moroccan Commercial Construction Output by Activity Type (MAD Million), 2012-2016
Table 14: Moroccan Commercial Construction Output by Activity Type (MAD Million), 2016-2021
Table 15: Moroccan Commercial Construction Value Add by Project Type (MAD Million), 2012-2016
Table 16: Moroccan Commercial Construction Value Add by Project Type (MAD Million), 2016-2021
Table 17: Moroccan Industrial Construction Output by Project Type (MAD Million), 2012-2016
Table 18: Moroccan Industrial Construction Output by Project Type (MAD Million), 2016-2021
Table 19: Moroccan Industrial Construction Output by Cost Type (MAD Million), 2012-2016
Table 20: Moroccan Industrial Construction Output by Cost Type (MAD Million), 2016-2021
Table 21: Moroccan Industrial Construction Output by Activity Type (MAD Million), 2012-2016
Table 22: Moroccan Industrial Construction Output by Activity Type (MAD Million), 2016-2021
Table 23: Moroccan Industrial Construction Value Add by Project Type (MAD Million), 2012-2016
Table 24: Moroccan Industrial Construction Value Add by Project Type (MAD Million), 2016-2021
Table 25: Moroccan Infrastructure Construction Output by Project Type (MAD Million), 2012-2016
Table 26: Moroccan Infrastructure Construction Output by Project Type (MAD Million), 2016-2021
Table 27: Moroccan Infrastructure Construction Output by Cost Type (MAD Million), 2012-2016
Table 28: Moroccan Infrastructure Construction Output by Cost Type (MAD Million), 2016-2021
Table 29: Moroccan Infrastructure Construction Output by Activity Type (MAD Million), 2012-2016
Table 30: Moroccan Infrastructure Construction Output by Activity Type (MAD Million), 2016-2021
Table 31: Moroccan Infrastructure Construction Value Add by Project Type (MAD Million), 2012-2016
Table 32: Moroccan Infrastructure Construction Value Add by Project Type (MAD Million), 2016-2021
Table 33: Moroccan Energy and Utilities Construction Output by Project Type (MAD Million), 2012-2016
Table 34: Moroccan Energy and Utilities Construction Output by Project Type (MAD Million), 2016-2021
Table 35: Moroccan Energy and Utilities Construction Output by Cost Type (MAD Million), 2012-2016
Table 36: Moroccan Energy and Utilities Construction Output by Cost Type (MAD Million), 2016-2021
Table 37: Moroccan Energy and Utilities Construction Output by Activity Type (MAD Million), 2012-2016
Table 38: Moroccan Energy and Utilities Construction Output by Activity Type (MAD Million), 2016-2021
Table 39: Moroccan Energy and Utilities Construction Value Add by Project Type (MAD Million), 2012-2016
Table 40: Moroccan Energy and Utilities Construction Value Add by Project Type (MAD Million), 2016-2021
Table 41: Moroccan Institutional Construction Output by Project Type (MAD Million), 2012-2016
Table 42: Moroccan Institutional Construction Output by Project Type (MAD Million), 2016-2021
Table 43: Moroccan Institutional Construction Output by Cost Type (MAD Million), 2012-2016
Table 44: Moroccan Institutional Construction Output by Cost Type (MAD Million), 2016-2021
Table 45: Moroccan Institutional Construction Output by Activity Type (MAD Million), 2012-2016
Table 46: Moroccan Institutional Construction Output by Activity Type (MAD Million), 2016-2021
Table 47: Moroccan Institutional Construction Value Add by Project Type (MAD Million), 2012-2016
Table 48: Moroccan Institutional Construction Value Add by Project Type (MAD Million), 2016-2021
Table 49: Moroccan Residential Construction Output by Project Type (MAD Million), 2012-2016
Table 50: Moroccan Residential Construction Output by Project Type (MAD Million), 2016-2021
Table 51: Moroccan Residential Construction Output by Cost Type (MAD Million), 2012-2016
Table 52: Moroccan Residential Construction Output by Cost Type (MAD Million), 2016-2021
Table 53: Moroccan Residential Construction Output by Activity Type (MAD Million), 2012-2016
Table 54: Moroccan Residential Construction Output by Activity Type (MAD Million), 2016-2021
Table 55: Moroccan Residential Construction Value Add by Project Type (MAD Million), 2012-2016
Table 56: Moroccan Residential Construction Value Add by Project Type (MAD Million), 2016-2021
Table 57: Douja Promotion Group Addoha SA, Key Facts
Table 58: Douja Promotion Group Addoha SA, Main Services
Table 59: Douja Promotion Group Addoha SA, Key Employees
Table 60: Alliances Developpement Immobilier SA, Key Facts
Table 61: Alliances Developpement Immobilier SA, Main Services
Table 62: Alliances Developpement Immobilier SA, History
Table 63: Alliances Developpement Immobilier SA, Key Employees
Table 64: Societe de Travaux Agricoles Marocaine, Key Facts
Table 65: Societe de Travaux Agricoles Marocaine, Main Services
Table 66: Societe de Travaux Agricoles Marocaine, History
Table 67: Societe de Travaux Agricoles Marocaine, Key Employees
Table 68: Societe Generale des Travaux du Maroc SA, Key Facts
Table 69: Societe Generale des Travaux du Maroc SA, Main Services
Table 70: Societe Generale des Travaux du Maroc SA, History
Table 71: Societe Generale des Travaux du Maroc SA, Key Employees
Table 72: Societe Nationale des Autoroutes du Maroc, Key Facts
Table 73: Societe Nationale des Autoroutes du Maroc, Main Services
Table 74: Societe Nationale des Autoroutes du Maroc, History
Table 75: Societe Nationale des Autoroutes du Maroc, Key Employees
Table 76: Timetric Construction Market Definitions