Archive for the 'Uncategorized' Category

Cement market will pick up strength this year after a weak first quarter

Morocco’s cement market is expected to strengthen this year after a weak first quarter which saw sales falling because of disruptions caused by flooding and bad weather.
Lafarge, the head of the Moroccan subsidiary of cement maker said that Morocco has experienced a construction boom in recent years as the government built new roads, rails and [...]

Government reinstated affordable housing incentives in its 2010 budget

Morocco has made impressive headway as it had reinstated affordable housing incentives in its 2010 budget after a building slowdown caused by the global recession and the removal of a tax break for low-income housing developers in 2008. Morocco’s total affordable housing shortage is estimated at 1.2m homes, which is expected to increase by 125,000 [...]

Moroccan government investment plans boost property sector

Morocco’s emergence as a hot property destination for overseas property investors was massively stunted by its booming economy with masses of growth potential. After an economic growth of 5.6% last year, it is on track for a GDP growth of 5.3% this year, on the back of a bumper harvest, which boosted farm incomes and [...]