Keywords: Infrastructure projects
Société de Réalisations Mécaniques (SRM) reported weaker financial indicators for the second quarter of 2026, impacted mainly by slower activity in its construction and public works division, while its industrial segment continued to show strong momentum. The Moroccan company......
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......
Morocco’s leading construction firms, SGTM and TGCC, have been awarded a landmark MAD 12.87 billion ($1.29 billion) contract to construct the new terminal at Casablanca’s Mohammed V Airport. The ambitious project, part of the kingdom’s long-term “Airports 2030” strategy,......
Dakhla is undergoing a sweeping urban transformation as part of its 2022–2027 communal action plan, with investments totaling over MAD 627 million ($68.9 million). The southern Moroccan city is focusing on modernizing infrastructure, expanding green spaces, and enhancing its overall appeal as an......
The European Bank for Reconstruction and Development (EBRD) has announced the appointment of Haytham Eissa as its new head in Morocco, succeeding Antoine Salle de Chou. Based in Casablanca, Eissa will oversee the bank’s investments and operations across the country. Commitment to Morocco's......
The National Office of Electricity and Drinking Water (ONEE) has launched a critical project aimed at addressing water scarcity in the Souss-Massa region. With a $13.2 million investment, this initiative seeks to secure the drinking water supply for Greater Agadir, aligning with Morocco's broader......
Morocco is actively working to complete over 120 construction and renovation projects across six cities in anticipation of the 2025 Africa Cup of Nations (AFCON). Scheduled to take place from December 21, 2025, to January 18, 2026, this prestigious tournament will feature 24 of Africa's top national......
The World Bank has reaffirmed its commitment to supporting Morocco in its preparations for hosting the 2030 FIFA World Cup. Ousmane Dione, the institution’s vice president for the Middle East and North Africa, made this declaration during a meeting on Wednesday with Fouzi Lekjaa, Morocco’s......
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,......
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