What are the most recent developments observed in the real estate sector?
From 206 BCE to 220 AD, China’s Han dynasty fostered a booming trade industry for silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the moniker given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system,...
With a dynamic local building materials segment bolstered by various upcoming projects, Morocco has the potential to develop a thriving construction sector. According to the Ministry of National Planning, Urban Planning, Housing and Urban Policy, the construction sector accounts for 6.3% of GDP. Sector growth is principally influenced by...
In the 2008-15 period the real estate sector received the largest share of foreign direct investment (FDI), with 25.4% of total inflows in Morocco. Of these, about 40% came from countries in the Gulf. Foreign investment in real estate projects continued, with a number of announcements made in 2018. For example, in May 2018 Kuwait-based Alargan...
A number of key developments in the country are expected to support economic growth in the coming years. A rapidly improving business environment and infrastructural base, the gradual liberalisation of the local currency and increased investment into export-oriented industries are all set to raise living standards and drive the emergence of a large national middle class.
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