As a result of the early push to develop the country’s ICT sector in the mid-1990s, Morocco has managed to carve out a sizeable niche for itself in selected areas such as offshoring and electronic payments. In 2015 the ICT sector’s contribution to Morocco’s GDP was nearing 3%, mostly made up of hardware, but bolstered by the diversification...
While Morocco’s real estate sector has fallen after a boom that peaked in 2007 and 2008, recent years have shown signs of a modest recovery. Although the luxury real estate segment has remained depressed as a result of the global economic downturn in 2008-09, government-sponsored financial incentives aimed at attracting developers and builders...
How would you describe the commercial real estate landscape in Morocco at present? BENDEFA: Commercial real estate encompasses a number of asset classes, including offices, retail and industrial. In all these sectors, we have seen a significant amount of new supply coming onto the market, driven primarily by demand. In addition to...
To what extent can integrated engineering solutions be of benefit to Morocco? EL MALLAH: Thanks to massive government expenditure, private sector and foreign direct investment, Morocco has gone through a spectacular development of infrastructure and industrial base over the past 15 years. For a long time, the country had the...
Following a slowdown in 2013 caused by various factors, Moroccan construction saw a return to growth in 2014 and 2015, with high demand for housing and investment in infrastructure projects continuing to drive the sector. Although the price of building materials has been adversely affected by the sector’s downturn in recent years, with the...
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