Construction in Morocco Market to rise at a CAGR of 4.07% over 2020 - Key Trends, Analysis, Forecast & Opportunities
Synopsis
In real terms, Moroccos construction industry is set to perform relatively well over the forecast-period (20162020), compared to the review period (20112015). The industrys growth over the forecast period will be driven by investment in infrastructure, energy and residential construction projects.
The industrys output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.07% over the forecast period, up from 1.26% during the review period.
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Government efforts to improve transport infrastructure will support industry growth over the forecast period. Plans to increase energy production in the country are also expected to support funding in energy infrastructure projects. In the first quarter of 2016, a consortium consisting of the Moroccan energy company Nareva, Germanys Siemens Wind Power and Italys Enel Green Power announced plans to develop five wind power projects in the country, with 850MW in combined generation capacity. Due to urbanization and population growth, demand for construction services is set to rise. Investment in social housing projects will also support industry growth.
The government is seeking help from private investors to improve the country's infrastructure. The government plans to launch the countrys first construction project as a public-private partnership (PPP) in 2016.
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Table of Contents
1 Executive Summary
2 Industry Outlook
2.1 Commercial Construction
2.2 Industrial Construction
2.3 Infrastructure Construction
2.4 Energy and Utilities Construction
2.5 Institutional Construction
2.6 Residential Construction
3 Key Issues and Developments
4 Market Data Analysis
4.1 Construction Output and Value Add
4.1.1 Construction output by project type
4.1.2 Construction output by cost type
4.1.3 Construction output by activity type
4.1.4 Construction value add by project type
4.2 Commercial Construction
4.2.1 Commercial construction output by project type
4.2.2 Commercial construction output by cost type
4.2.3 Commercial construction output by activity type
4.2.4 Commercial construction value add by project type
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