Where are the best sources of growth in the construction materials sector?
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Interviews & Viewpoints | OBG talks to David Toledano, President, Federation of Construction Materials Industries (FMC) from The Report: Morocco 2014
Articles & Analysis | Filling the gap: Middle-class housing plan to reverse slowdown from The Report: Morocco 2014
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...
Articles & Analysis | Moroccans lead the way: Local demand fills the vacuum as fewer foreign buyers seek second homes from The Report: Morocco 2014
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...
Interviews & Viewpoints | OBG talks to Youssef Ibn Mansour, President, National Federation of Real Estate Developers (FNPI) from The Report: Morocco 2014
Articles & Analysis | Tidying up: Unified construction code expected to sweep away legal ambiguities from The Report: Morocco 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...
Articles & Analysis | Turning over a new leaf: Mixed-use projects and mid-range housing will advance the sector from The Report: Morocco 2014
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...