Energy is a significant concern for policymakers in Morocco, given the country’s lack of hydrocarbons resources, which makes it reliant on imports to meet demand – and the northern region is no exception, both with regard to renewable energy generation and energy efficiency. Indeed, if anything, the issue is more acute in the north, given the...
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...
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...
Activity in the real estate sector has fallen, but stabilised, following an earlier boom between 2007 and 2008. The sector has been buoyed by a government-sponsored financial incentive package aimed at attracting real estate developers and builders to the mid-range market segment, where there is a housing deficit. The luxury segment has...
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