Morocco’s Construction Boom: Public Investment Surges 56% to 64 Billion Dirhams

This financial windfall, announced by the Minister of Equipment and Water, Nizar Baraka, during an information day on February 29, aims to stimulate economic growth and create sustainable jobs.

The construction sector plays a crucial role in the Moroccan economy, contributing more than 6% to GDP and employing one million people. This importance is reflected in the government’s ambition to make this sector a real driver of inclusive development.

The increase in public investment will finance structuring projects in several key areas, including water, roads and highways, ports and public facilities. Flagship projects include the program to rebuild and rehabilitate the areas affected by the Al Haouz earthquake, with an envelope of 120 billion DH over five years.

Morocco is also preparing to host major international events, such as the 2025 Africa Cup of Nations and the 2030 FIFA World Cup. These events represent a unique opportunity for the country to strengthen its infrastructure and promote comprehensive development.

Similarly, the partnership sealed between Morocco and the United Arab Emirates for the period 2024-2029 opens up new prospects for the construction sector. This agreement provides for significant investments in various fields, thus contributing to the growth and diversification of the Moroccan economy.