The analyst expects the construction industry in Morocco to expand by 4.1% in real terms in 2026, supported by an improvement in external demand, a rise in construction loans and increased investment in the infrastructure and energy projects. According to the Moroccan High Commission for Planning (HCP), the construction industry’s value-add rose by the construction industry’s value-add rose by 5.6% year on year (YoY) in Q3 2025, following Y-o-Y growth rates of 6.7% in Q2 and 6.3% in Q1 2025. In October 2025, finance ministry of Morocco submitted the 2026 draft budget to the country's parliament, totaling MAD761.3 billion dirhams ($78.5 billion), with public investment targeted at MAD380 billion ($39.2 billion).
Over the remainder of the forecast period, the construction industry is expected to grow at an annual average rate of 3.5% between 2027 and 2030, supported by investment in infrastructure projects in line with the 2030 FIFA World Cup preparations, coupled with the government’s plan for the expansion of high-speed rail projects by 2030 with an investment of MAD101.2 billion ($10.3 billion). Growth over the forecast period will also be supported by the government plans to increase the share of renewables in the nation’s energy mix to over 52% by 2030, compared to 46% in 2025. This will include installation of 9.4GW of new renewable capacity of which 3.3GW is already under construction with an investment of MAD110 billion ($11.3 billion) as of October 2025. This plan is part of the government’s broader plan to reach carbon neutrality by 2050. In another positive development the construction industry will also be supported by the government’s infrastructure development program, under which the government aims to construct 7,000km of national roads and 24,000km of rural roads as well as planning to maintain 2,000km of roads annually with an estimated investment of MAD600.6 billion ($61.9 billion) by 2035.
Over the remainder of the forecast period, the construction industry is expected to grow at an annual average rate of 3.5% between 2027 and 2030, supported by investment in infrastructure projects in line with the 2030 FIFA World Cup preparations, coupled with the government’s plan for the expansion of high-speed rail projects by 2030 with an investment of MAD101.2 billion ($10.3 billion). Growth over the forecast period will also be supported by the government plans to increase the share of renewables in the nation’s energy mix to over 52% by 2030, compared to 46% in 2025. This will include installation of 9.4GW of new renewable capacity of which 3.3GW is already under construction with an investment of MAD110 billion ($11.3 billion) as of October 2025. This plan is part of the government’s broader plan to reach carbon neutrality by 2050. In another positive development the construction industry will also be supported by the government’s infrastructure development program, under which the government aims to construct 7,000km of national roads and 24,000km of rural roads as well as planning to maintain 2,000km of roads annually with an estimated investment of MAD600.6 billion ($61.9 billion) by 2035.
The Construction in Morocco - Key Trends and Opportunities to 2030 (H1 2026) report provides detailed market analysis, information, and insights into Morocco's construction industry, including:
- Morocco's construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Morocco's construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Report Scope
This report provides a comprehensive analysis of the construction industry in Morocco. It provides:
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Morocco, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
