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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

Challenge: One barrier to developing alternative energy is the existence of fuel subsidies in the region

Region set to miss 2020 renewables target Subscription

30 October 2014 | By

Lack of regulatory frameworks holds back development of alternative energy in the Middle East and North Africa

Raising standards: ONCF is carrying out a major overhaul of rolling stock to improve comfort

Morocco adds new capacity Subscription

12 October 2014 | By Paul Melly

The high-speed rail line will support rising passenger traffic

Morocco can revive region’s renewable energy hopes

Morocco can revive region’s renewable energy hopes

2 October 2014 | By

There has been years of talk with little action

Promising development: Amman is now studying a proposal to issue its first Islamic bond

Wider Middle East ripe for Islamic finance Subscription

18 September 2014 | By Richard Nield

Sharia-compliant banking has yet to take off across most of the Levant and North Africa. But growing support from governments could soon lead to a boom in demand

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 Melly

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 Subscription

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

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MEED comment

Morocco can revive region’s renewable energy hopes

Morocco can revive region’s renewable energy hopes

2 October 2014 | By

There has been years of talk with little action

Mining

Morocco’s chance to lead the pack Subscription

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 Subscription

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 Golf Beach Construction 1,200
4 Tangier-Mediterranean Container Port: Phase 2 Transport 1,095
5 Moroccan Solar Plan: Ouarzazate Solar IPP: Noor 1 (CSP) Power 1,000
6 Al-Firdaous Integrated Housing Project Construction 1,000
7 Royal Ranches Marrakech Construction 850
8 Park Hyatt Marrakech Construction 750
8 Bab AlBahr Construction 750
10 Chbika Project: Phase 1 Construction 720
Click through to the full data table on Morocco's biggest projects in construction
Click through to MEED's Q3 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: November 2014; All projects are in execution

Tenders & project awards

Morocco: Urban water gap consultancy Subscription

31 October 2014 | By

Provision of consultany services comprising economic analysis for a project to reduce urban water gap

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Companies

Al Omrane Group Subscription

Al Omrane Group established in 2007 builds housing developments across Morocco for the state

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

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People

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