The analyst expects the construction industry in Morocco to expand by 4.5% in real terms in 2025, supported by a rise in foreign direct investment (FDI), improvement in external demand, a rise in construction loans owing to ease in inflation rates, coupled with investments in the energy and infrastructure projects. According to the Moroccan High Commission for Planning (HCP), the construction industry’s value-add rose by 6.3% year-on-year (YoY) in Q1 2025, preceded by YoY growth of 6.9% in Q4 and 6.8% in Q3 2024. According to Morocco’s Exchange Office, FDI in the country grew by 40.6% in the first two months of 2025, reaching MAD6.1 billion ($623 million). In April 2025, the government announced the implementation of several measures to streamline construction. These include permits for building houses in smaller plots, establishing an administration to review projects, reducing document requirements for approval, and offering architectural and technical support to citizens. In another boost, in July 2025, Morocco approved 47 projects in the field of automotive, energy, tourism, among others, with a total cost of MAD51 billion ($5.2 billion).
Over the remainder of the forecast period, the construction industry is expected to grow at an annual average rate of 3.9% between 2026 and 2029, supported by investment in infrastructure projects in line with the 2030 FIFA World Cup preparations. Minister of Transport and Logistics revealed in April 2025, that the country's airport capacity is expected to reach 80 million passengers by 2030. To support this, it will be investing MAD28 billion ($2.9 billion) in airport projects by 2030. Also, in May 2025, Morocco’s National Airports Office (Office National Des Aéroports - ONDA) launched tenders for the construction of a new terminal at Casablanca’s Mohammed V Airport, with an estimated cost of MAD15.7 billion ($1.6 billion), it is expected to be completed by 2029
Over the remainder of the forecast period, the construction industry is expected to grow at an annual average rate of 3.9% between 2026 and 2029, supported by investment in infrastructure projects in line with the 2030 FIFA World Cup preparations. Minister of Transport and Logistics revealed in April 2025, that the country's airport capacity is expected to reach 80 million passengers by 2030. To support this, it will be investing MAD28 billion ($2.9 billion) in airport projects by 2030. Also, in May 2025, Morocco’s National Airports Office (Office National Des Aéroports - ONDA) launched tenders for the construction of a new terminal at Casablanca’s Mohammed V Airport, with an estimated cost of MAD15.7 billion ($1.6 billion), it is expected to be completed by 2029
The Construction in Morocco - Key Trends and Opportunities to 2029 (H2 2025) 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
Scope
This report provides a comprehensive analysis of the construction industry in Morocco. It provides:
- Historical (2020-2024) and forecast (2025-2029) 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
