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Keywords: Construction


Morocco’s TGCC eyes Gabon’s infrastructure projects in strategic expansion

Gabon’s President Brice Clotaire Oligui Nguema recently hosted Mohammed Bouzoubaa, CEO of Morocco’s leading construction group TGCC, to discuss key infrastructure projects aimed at modernizing the country. The talks centered on priority initiatives, including university hospital centers,......

Moroccan economy expected to grow by 4.4% in 2025

Morocco’s national economy is projected to maintain solid growth with a forecast of 4.4% in 2025 and 4% in 2026, according to the High Commission for Planning (HCP). This outlook is driven by improvements in agriculture and steady non-agricultural performance, supported by strong domestic demand. In......

Eco-construction focus: Nouaceur innovation lab launches design day for sustainable building

The Nouaceur Territorial Innovation Lab (NOTIL) is set to host its inaugural Design Day, a landmark event aimed at advancing Morocco's sustainable building practices through collaborative dialogue and skills development. The event will take place on Friday at the "Cité des Métiers......

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......

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......

Cement consumption in Morocco grows by 9.4% in 2024 amid construction boom

In 2024, cement consumption in Morocco saw an increase of 9.4%, driven by the booming construction sector, fueled by rapid infrastructure development and preparations for upcoming international sporting events such as the 2025 Africa Cup of Nations and the 2030 World Cup. In this context, the company......

New developments for the Morocco-Spain tunnel project

Doubts linger regarding the feasibility of the proposed tunnel between Spain and Morocco. To gather comprehensive data on the viability and costs of this megaproject, new studies have been commissioned to a German firm. The Spanish public company Ineco recently issued a call for tenders for the "feasibility......

Moroccan construction firm TGCC secures $430 million stake in STAM

TGCC (Travaux Généraux de Construction de Casablanca) has signed an agreement to acquire a 60% controlling stake in STAM (Société de Travaux Agricoles Marocains), in a deal valued at MAD 4.3 billion ($430 million). The transaction includes STAM's 55% ownership of VIAS......

H&S Invest Holding expands real estate portfolio with GIDNA partnership

H&S Invest Holding, chaired by Moncef Belkhayat, has taken a significant step in its growth strategy by acquiring a co-controlling 25% stake in GIDNA, a Moroccan company specializing in construction and public works. This move, pending approval from the Competition Council, aims to drive GIDNA’s......