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Keywords: Construction
Doubts linger regarding the feasibility of the proposed tunnel between Spain and Morocco. To gather comprehensive data on the viability and costs of this megaproject, new studies have been commissioned to a German firm. The Spanish public company Ineco recently issued a call for tenders for the "feasibility......
TGCC (Travaux Généraux de Construction de Casablanca) has signed an agreement to acquire a 60% controlling stake in STAM (Société de Travaux Agricoles Marocains), in a deal valued at MAD 4.3 billion ($430 million). The transaction includes STAM's 55% ownership of VIAS......
H&S Invest Holding, chaired by Moncef Belkhayat, has taken a significant step in its growth strategy by acquiring a co-controlling 25% stake in GIDNA, a Moroccan company specializing in construction and public works. This move, pending approval from the Competition Council, aims to drive GIDNA’s......
A deadly fire has claimed the lives of at least six individuals at a hotel construction site in Busan, South Korea. The incident occurred Friday morning and quickly escalated. Firefighters, including a team of 90 personnel, responded to the blaze, deploying helicopters to rescue trapped workers, including......
The city of Boznika recently hosted a pivotal conference focused on sustainable construction, marking a significant step towards environmentally responsible building practices. In an era where sustainable building has transitioned from option to necessity, LafargeHolcim Morocco, in collaboration with......
Morocco's Ministry of Endowments and Islamic Affairs has allocated MAD 154.6 million ($15.46 million) for mosque construction in 2025, as part of a comprehensive religious infrastructure development program. Minister Ahmed Toufiq announced the funding will support the completion of 23 ongoing mosque......
Morocco's mosque infrastructure is set to expand significantly in 2025, with the Ministry of Endowments and Islamic Affairs allocating MAD 154.6 million for mosque construction projects across the country. Minister Ahmed Toufiq announced that the funding will support the completion of 23 existing......
A tragic incident unfolded on Sunday in the Ouzioua region of Taroudant province, where four workers lost their lives following an explosion inside a tunnel associated with the "El Mokhtar Soussi" dam elevation project. According to a statement issued by the Tafnout commune on its official......
After a challenging year marked by drought and slowed economic activity, Morocco’s economy is poised for a significant rebound in 2025, according to the latest projections from the High Commission for Planning (HCP). The recovery is expected to be driven by improvements in key sectors such as agriculture,......
