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Keywords: SGTM


SGTM gains AMMC approval for landmark Casablanca IPO

La Société Générale des Travaux du Maroc (SGTM), a leading Moroccan construction and infrastructure group, has officially received approval from the Moroccan Capital Market Authority (AMMC) to launch its highly anticipated initial public offering (IPO) on the Casablanca Stock......

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......

Palm-inspired design and Moroccan craftsmanship define Rabat’s new stadium

The Prince Moulay Abdellah Stadium in Rabat, a 68,700-capacity architectural masterpiece, has become Morocco’s newest beacon of sports and culture. Officially inaugurated on September 5 with a commanding 5-0 victory by the Atlas Lions over Niger in a CAF qualifying match, the stadium is set to......

TGCC-SGTM consortium awarded key contract for Hassan II stadium construction

The TGCC-SGTM consortium has officially been granted the contract for Lot 2 of the Hassan II Stadium project in Benslimane, anticipated to become one of the largest stadiums worldwide. As expected, the consortium, the sole bidder, received the notification for this major contract on Monday, June 16.......

TGCC and SGTM secure $320 million contract for Casablanca's Grand Stadium

Morocco's construction powerhouses TGCC and SGTM have been awarded the second lot of the Grand Stade Hassan II project in Casablanca, a significant infrastructure initiative planned for Benslimane. The contract, valued at MAD 3.2 billion ($320 million), follows the conclusion of the tender process......

SGTM Wins $200 Million Final Contract for Kenitra-Marrakech High-Speed Rail Project

Morocco’s new high-speed rail will cut journey times between Tangier and Marrakech from seven hours to just 2 hours 45 minutes by 2029. Morocco’s National Railways Office (ONCF) has awarded the eighth and final lot of civil engineering works for the Kenitra-Marrakech high-speed rail line......

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