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Keywords: Morocco infrastructure


SGTM revenue jumps to $1.52 billion as order book doubles

Moroccan construction and engineering group SGTM reported consolidated revenue of MAD 15.2 billion, or $1.52 billion, in 2025, up 36.6 percent from MAD 11.1 billion in 2024. The company linked the increase to faster execution of ongoing projects and the launch of major infrastructure programs. Fourth-quarter......

Nezha Hayat: The architect of Morocco's investment future

From the trading floors of Madrid to the pinnacle of Moroccan sovereign finance, Nezha Hayat’s four decade career has reshaped the Kingdom’s approach to investment, capital markets, and economic growth. Her journey, marked by groundbreaking achievements, culminated in her appointment as Director......

SGTM prepares Casablanca IPO to fund $3.4 billion construction boom

Moroccan construction giant SGTM is gearing up for an initial public offering (IPO) on the Casablanca Stock Exchange as it seeks funding to support a record-breaking $3.4 billion order book. The company, which has secured contracts worth MAD 34 billion as of September, aims to sustain its rapid expansion......

Al Boraq breakdown raises questions about Morocco’s readiness for AFCON 2025

Morocco’s high-speed train, Al Boraq, suffered a technical failure on Friday, sparking frustration among passengers and raising concerns about the country's infrastructure preparedness ahead of the Africa Cup of Nations (AFCON) 2025. The breakdown disrupted rail traffic along the critical Casablanca-Tangier......

Morocco unveils $5 million Taza station to strengthen rail connectivity

The National Railways Office (ONCF) and the Ministry of Transport and Logistics inaugurated the new Taza railway station, a $5 million project designed to expand Morocco’s rail network and enhance regional connectivity. The development is part of a broader national effort to modernize infrastructure......

Morocco’s modern stadiums face challenges of civic culture and social inclusion

Morocco’s commitment to modernity is evident in its state-of-the-art stadiums and international sporting achievements. Yet, the chaotic reopening of the Prince Moulay Abdellah Stadium in Rabat has sparked concerns about whether the nation’s infrastructure advancements are undermined by fragile......

ONEE unveils $6.18 million hybrid power plant project in El Guerguarat

The National Office of Electricity and Drinking Water (ONEE) has initiated a tender for constructing a hybrid solar-diesel power plant with battery storage in El Guerguarat, marking a significant step in Morocco's renewable energy transition. The project, with an estimated cost of MAD 61.8 million......

Morocco’s 2030 World Cup to create over 100,000 jobs annually and drive economic growth

Morocco’s co-hosting of the 2030 FIFA World Cup with Spain and Portugal is expected to generate more than 100,000 jobs annually while boosting the nation’s economic growth by 1.7%, announced Economy and Finance Minister Nadia Fettah during the eighth Morocco Today Forum (MTF) in Rabat. Transformative......

Morocco accelerates highway expansion with 1,200 kilometers of new routes

Morocco is advancing an ambitious infrastructure agenda with the construction of nearly 300 kilometers of expressways already underway and plans for an additional 900 kilometers across key regions. The initiative aims to enhance connectivity, drive economic growth, and position the country as a regional......

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