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Construction in Morocco - Key Trends and Opportunities to 2022

11-22-2018 09:26 AM CET | Industry, Real Estate & Construction

Press release from: ReportsWeb

Construction in Morocco

Construction in Morocco

"Construction in Morocco-Key Trends and Opportunities to 2022", report provides detailed market analysis, information and insights into the Moroccan construction industry.

The Moroccan construction industry registered positive growth during the review period (2013-2017) as a whole, but construction activity slowed in 2017, amid austerity measures implemented by the government to reduce the fiscal deficit. The government reduced the fiscal deficit from 4.1% of GDP in 2016 to 3.6% in 2017, and aims to reduce it to 3.0% by 2021. Nevertheless, review-period growth was supported by the government's new Public Private Partnership (PPP) policy, which attracted foreign direct investment in energy and transport infrastructure projects.

The industry's value is expected to pick up over the forecast period (2018-2022), with investments in public infrastructure, energy, commercial and industrial projects, and improvements in consumer and investor confidence. Programs such as the Tourism Vision 2020, Rawaj Vision 2020 and Moroccan Rural Electrification Program, through which the government aims to develop the country's commercial and energy infrastructure, will support the industry's growth over the forecast period.

Download sample copy of Construction in Morocco at: https://www.reportsweb.com/inquiry&RW00012251111/sample

Report Key Highlights:

-Publisher expects the residential construction market to retain its leading position over the forecast period, with a share of 31.2% of the industry's total value in 2022. Market growth over the forecast period is expected to be supported by government plans to remove slums from the cities by relocating them to other places by 2021, coupled with a rising population and urbanization.

-Publisher expects infrastructure construction market output to record a forecast-period CAGR of 6.15% in nominal terms. In order to remove traffic congestion in the country, the government is focusing on the development of transport infrastructure. Accordingly, it plans to construct 5,500km of new highways and expressways in the country by 2035.

-To support economic development and growth, the government is focusing on the development of high-speed internet infrastructure across the country. Under the Digital Program 2020, the government plans to invest MAD7.4 billion (US$750.0 million) until 2020 to develop the country's broadband infrastructure.

-In order to attract foreign manufacturing companies, the government is focusing on the construction of industrial parks in the country with the help of foreign investors. In 2017, the government and the Chinese company HAITE Group signed an agreement to build new industrial parks in the country by 2027.

-The total construction project pipeline in Morocco, as tracked by the Construction Intelligence Center (CIC) and including all mega projects with a value above US$25 million, stands at MAD631.1 billion (US$64.9 billion). The pipeline, which includes all projects from pre-planning to execution, is skewed towards late stage projects, with 76.4% of the pipeline value being in projects in the late stages as of August 2018.

Have any query? Enquire about report at: https://www.reportsweb.com/inquiry&RW00012251111/buying

Scope
This report provides a comprehensive analysis of the construction industry in Morocco. It provides-
-Historical (2013-2017) and forecast (2018-2022) valuations of the construction industry in Morocco, featuring details of key growth drivers.
-Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
-Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
-Listings of major projects, in addition to details of leading contractors and consultants.

Key Attributes of Report:
-Identify and evaluate market opportunities using Publisher'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 Publisher's critical and actionable insight.
-Assess business risks, including cost, regulatory and competitive pressures.
-Evaluate competitive risk and success factors.

Fundamentals of Table of Content:

1 Executive Summary
2 Construction Outlook: At-a-glance
3 Latest News and Indicators
4 Key Drivers and Risks
5 Construction Outlook
6 Key Industry Participants
6.1 Contractors
6.2 Consultants
7 Appendix
7.1 What is this Report About-
7.2 Definitions
7.3 About Publisher
7.4 About The Construction Intelligence Center
7.5 Disclaimer

Get complete report at: https://www.reportsweb.com/inquiry&RW00012251111/discount

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