Top 10 Projects in Morocco

April 19, 2018

undefinedMore than 200 construction projects valued at close to $50bn are currently underway in Morocco, driven by a sharp rise in investment to meet the needs of a rising population and a growing tourism sector.

The bulk of activity lies in the urban construction sector, according to a recent market report prepared by BNC Network for The Big 5 Construct North Africa 2018, which concluded in Casablanca on 12 April.

Of these developments, the total estimated cost of all active urban construction projects in the North African country is around $24bn.

Tourism projects also feature heavily in the 10 top construction projects in Morocco, ranked in order of the highest value:

 

1. Sustainable City
Project Value: $2.5bn
Type: Mega-Urban Development
Stage: Concept
Est. Completion Date: Q4, 2024
Location: Rabat
Owner: International Investment Group

This mixed-use sustainable city will be spread over an area of 2.3 sq km and comprise 400 villas, a hospital, a 2,000-student medical university, a research centre and a golf course.

2. Mahdiyya Renewable Energy City
Project Value: $2.5bn
Type: Mega-Urban Development
Stage: Design
Est. Completion Date: Q4, 2023
Location: Rabat
Owner: International Investment Group

Spread over 72,339 sq km and 8 km of beachfront, the renewable energy city will use solar, wind and hydro-power to meet its energy requirements. It will feature a teaching hospital, a golf course, a shopping mall, tourist facilities and a two-mile Corniche lined with shops and restaurants. It will have the capacity to accommodate 2,000 people.

3. Hyatt Regency - Taghazout Bay
Project Value: $300mn
Type: Hotel
Stage: Under Construction
Est. Completion Date: Q1, 2019
Location: Agadir
Developer: Societe Madaef Sa

The 5-star Hyatt Regency hotel will be located at Taghazout Bay, 17 km from Agadir. Upon completion, the hotel will offer 160 rooms.

4. Marriott Hotel - Tamuda Bay
Project Value: $200mn
Type: Hotel
Stage: Under Construction
Est. Completion Date: Q1, 2020
Location: Marrakesh
Developer: Sama Marina

This 5-star hotel under the JW Marriott brand will be located alongside the renowned Marina Smir in Tetouan, around 16km from the Straits of Gilbraltar. The development is spread over an area of 22,500 sqm and comprises 194 guestrooms including VIP suites, a spa, and three restaurants.

5. Novotel Hotel - Center of Mohammedia
Project Value: $200mn
Type: Hotel
Stage: Under Construction
Completion Date: Q4, 2017
Location: Mohammedia
Developer: Accor Maroc

The project involved the construction of 4-star Novotel hotel located in Mohammedia, Morocco. The eight-floor hotel which is built on a plot of over 1,000 sqm, will be located at a site distinct from downtown Mohammedia.

6. Summer Center - Tan Tan - El Ouatia
Project Value: $200mn
Type: Resort
Stage: Design
Est. Completion Date: Q1, 2020
Location: Marrakesh
Developer: OCP S.A.

The summer centre on Tan-Tan Beach will be built on an area of 5,000 sqm. The centre aims to have a strong environmental component with the use of renewable energies.

7. Melia Beach Hotel - Saidia Med
Est. Project Value: $164mn
Type: Hotel
Stage: Under Construction
Est. Completion Date: Q4, 2017
Location: Berkane
Developer: Melia Hotels International Headquarters

The 5-star property the Melia Beach Hotel that will have 396 rooms, a spa, a convention centre, 4 restaurants, 3 bars, a kids club and a beach club.

8. City of Green Valley - Marrakech
Project Value: $136mn
Type: Mid Rise Building
Stage: Under Construction
Est. Completion Date: Q4, 2018
Location: Marrakesh
Developer: Green Valley Real Estate

This residential development comprises 350 villas spread over an area of 410,000 sqm. Facilities include a swimming pool, health centre, spa, Moroccan Bath, sports complex, shopping centre, restaurants, cafes and mosques.

9. Agadir City Center - Abderrahman Bouabid
Project Value: $107mn
Type: Mega-Urban Development
Stage: Under Construction
Est. Completion Date: Q3, 2018
Location: Agadir
Developer: Pearl of Kuwait

The project in Agadir City Centre includes an exhibition centre, a shopping centre, commercial office buildings, a hotel with approximately 120 rooms, residential buildings and a parking facility.

10. Trial Court - Mghogha
Project Value: $100mn
Type: Mid Rise Building
Stage: Concept
Est. Completion Date: Q1, 2020
Location: Tangier
Developer: Ministry of Justice

The project involves construction of a trial court in Mghogha spread over an area of 15,000 sqm.

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