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Keywords: SGTM
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,......
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......
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......
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......
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.......
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......
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......