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Morocco

Morocco news and analysis, tenders, contracts awarded, commentary and economic data

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Country data

Iran 2008 2009 2010 2011 2012 2013f 2014f
Nominal GDP ($bn) 88.9 90.9 90.8 99.2 96.0 105.1 114.7
GDP per capita ($) 2,851 2,885 2,850 3,082 2,951 3,199 3,458
Real GDP growth (annual change, %) 5.6 4.8 3.6 5.0 2.7 4.5 3.9
Government revenue (% of GDP) 32.5 29.3 27.5 27.8 28.7 28.0 27.5
Government total expenditure (% of GDP) 31.8 31.1 31.9 34.5 36.1 33.4 32.4
Total government debt (gross, % of GDP) 48.2 48.0 51.3 54.4 60.2 61.9 62.7
Current account balance (% of GDP) -5.2 -5.4 -4.1 -8.0 -9.7 -7.4 -6.6
Value of oil imports 9.4 6.7 8.1 11.2 12.1 12.4 12.2
Value of oil & gas exports 0.4 0.3 0.2 0.6 0.7 0.9 0.9
Inflation (%) 3.9 1.0 1.0 0.9 1.3 1.9 2.5
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014

Morocco trends

Oil rig

Morocco’s offshore oil rush Subscription

20 August 2014 | By

Oil exploration has ramped up in the North African country as unstable political and economic environments elsewhere in the region make Morocco an attractive proposition

Morocco

Rabat digs deep to tackle domestic terrorism Subscription

20 August 2014 | By Paul Melly

With substantial numbers of Moroccans joining jihadist groups abroad, the government is wary of a blowback from these fighters returning home

Renault factory in Melloussa, 30 kilometres from Tangiers, in Morocco

Morocco sets benchmark for subsidy reform Subscription

20 August 2014 | By

Morocco has set the standard for subsidy reform in North Africa while its plans to increase investment in industry will build a foundation for economic growth and employment

Maroc Telecom's Africa presence

Maroc Telecom focuses on Africa Subscription

20 August 2014 | By paul mellly

A recent addition to the company portfolio of UAE telecoms operator Etisalat, Maroc Telecom is making new inroads in west and central African markets

Mining

Morocco’s chance to lead the pack

7 August 2014

With the right management from Rabat, Morocco can become a global phosphates superpower

World map of phosphate production and consumption

Supplying fertilisers to the world Subscription

4 August 2014 | By

The Middle East’s burgeoning phosphates fertiliser sector is dominated by Morocco and Saudi Arabia

Sweeping reforms cut subsidies in Morocco Subscription

22 June 2014 | By Paul Melly

The reduction in the amount spent on subsidies is allowing Rabat to invest in economy-boosting transport schemes, education and health services, and agricultural initiatives

Rabat takes the lead on renewables Subscription

7 May 2014 | By

In its pursuit of energy independence, Morocco is making progress with some of the largest solar and wind projects in the region and the reform of energy subsidies

Tangier-Med leads the way with ports in north Africa Subscription

24 April 2014 | By Paul Melly

Morocco’s new port has established itself as a global trans-shipment hub in the Maghreb region, while Algeria and Tunisia are also planning port projects to win a share of the market

MEED top 100 listed companies 2014: Telecoms Subscription

30 March 2014

Together, the five largest operators in the telecoms sector have a market capitalisation of about $100bn

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MEED comment

Mining

Morocco’s chance to lead the pack

7 August 2014

With the right management from Rabat, Morocco can become a global phosphates superpower

More MEED commentary

Special reports

Morocco's King Mohammed VI

Morocco: Subsidy reform leading the region

20 August 2014

Subsidy controls implemented by King Mohammed VI and the government have yielded results

More Morocco special reports

Market presentations

Middle East Outlook 2013

A region in transition: Middle East outlook 2013 and beyond Subscription

18 August 2013

Insight and analysis on the economic and projects outlook for the Middle East

Mena renewables 2013

Webinar: MENA Renewable Energy Subscription

12 May 2013

In this presentation, MEED discusses the trends and prospects for renewable power in the region

More MEED webinars

Top 10 projects

Rank

Rank Project Name Sector Contract value ($m)
1 Ch'Rafate City Construction 3,000
2 Safi IPP Power 1,800
3 Bahia Bay Construction 1,200
4 Tangier-Mediterranean Container Port: Phase 2 Transport 1,095
5 Jorf Lasfar Coal Fired Power Plant Expansion Power 1,050
6 Moroccan Solar Plan: Ouarzazate Solar IPP: Noor 1 (CSP) Power 1,000
6 Al-Firdaous Integrated Housing Project Construction 1,000
6 Al Houara Development Construction 1,000
9 Royal Ranches Marrakech Construction 850
10 Bab AlBahr Construction 750
10 Park Hyatt Marrakech Construction 750
Click through to the full data table on Morocco's biggest projects in construction
Click through to MEED's Q1 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: April 2014; All projects are in execution

Tenders & project awards

Morocco: Irrigation upgrade equipment Subscription

2 August 2014 | By

Supply, transport and laying of equipment for a project to upgrade irrigation

Morocco: Micro-enterprise consultancy Subscription

10 June 2014 | By

Provision of consultancy services for a micro-enterprise facility

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Companies

Office National de l'Electricite (ONE) logo

Office National de l'Electricite Subscription

Office National de l’Electricite (ONE) is responsible for electricity in Morocco

Safi Energy Company Subscription

Safiec is a joint venture of GDF Suez Energy International, Nareva Holding and Mitsui & Company, set up to develop and run the Safi IPP power project in Morocco.

See all company profiles

People

Salaheddine Mezouar Subscription

28 October 2013

Salaheddine Mezouar is foreign affairs minister, Morocco

Abdelkader Amara Subscription

28 October 2013

Abdelkader Amara is energy, mining, water and environment minister

Mohamed Hassad Subscription

28 October 2013

Mohamed Hassad is interior minister, Morocco

Abdelilah Benkirane Subscription

28 October 2013

Abdelilah Benkirane is prime minister, Morocco

Marco Mignogna Subscription

11 September 2013

Marco Mignogna is chief executive officer and president, Eurogate Tanger

Hartmut Goeritz Subscription

11 September 2013

Hartmut Goeritz is director-general of APM Terminals, Tanger Med

See all Morocco biographies

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