Morocco

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Where are the best sources of growth in the construction materials sector?

 

The government has invested heavily in improvements to Morocco’s transport networks, port capacity and industrial infrastructure in the past two decades. Whereas public investment programmes are coming to a close in a number of areas, the Tangiers-Tétouan region is set to receive an ambitious slate of building projects between 2010 and 2017....

 

Although the construction industry is generally one of Morocco’s most dynamic sectors, it witnessed a significant slowdown in 2013 due to a confluence of factors. These ranged from regional political instability, leaving foreign investors reticent about entering the Moroccan real estate sector, to a reduction in the number of new construction...

 

The luxury real estate market in Morocco has traditionally been driven by foreign buyers, especially from Europe, searching for a secondary residence. The economic downturn after 2008 altered the market when demand from these buyers declined sharply. Initially, local wealthy Moroccans were also reticent to buy into the luxury market, but this...

What segments should be the main drivers of the real estate recovery in 2014?

 

For many years the construction sector has tended to operate according to a frequently ambiguous and inadequate legal framework. It is governed by a patchwork of incongruous legal texts which are enforced by various levels of government, from local to national. As a result of this, building has become difficult to monitor and the...

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