Analysis

Looking to the seas: Plans to triple fisheries output by 2020
OBG
plus

With abundant maritime resources, more than 1800 km of coastline and a strong national fleet, Moroccan fisheries have considerable economic potential. The sector currently represents between 2% and 3% of GDP, and annual turnover neared Dh9bn (€800m) in 2012. The government has launched a development programme, Plan Halieutis, that aims to boost sector turnover to Dh21bn (€1.87bn) by 2020 by…

Analysis

From every angle: Private sector and foreign partners are helping to take transport facilities in the kingdom to the next level
OBG
plus

As the kingdom continues to develop its national transport network, both private-sector and foreign partners have an important role to play. The state has invested considerable resources in building road, rail, airport and maritime infrastructure over the last decade. The public sector is likely to remain the main player in the management of transport, but private firms will be instrumental to…

Analysis

Laying tracks: Operators are preparing for increases in passenger and freight traffic
OBG
plus

In the last decade, Morocco has pursued a public investment programme worth nearly Dh180bn (€16bn) to develop the national transport infrastructure. Thanks in part to work completed under this programme, Morocco benefits from an efficient rail network that extends over 4000 km. The 2010-15 railway programme is expected to provide a total investment of Dh33bn (€2.9bn); Morocco’s National Railway…

Analysis

Planning for growth: Restructuring the sector to boost production is a key strategic aim
OBG
plus

The contribution to GDP by agriculture has declined a total of 1-2% in the last decade, as other sectors expand quickly. While low levels of aggregation, irrigation and mechanisation remain an obstacle, there is considerable room for growth given a temperate climate, available agricultural land and large workforce. PILLARS: In 2008 the state launched the Green Morocco Plan (Plan Maroc Vert,…

Analysis

Right place, right price: The entry of low-cost carriers has transformed air travel
OBG
plus

Since the liberalisation of the Moroccan aviation market and the signature of an aviation agreement with the EU in the mid-2000s, low-cost flights between Europe and the kingdom have played a major role in the growth of the Moroccan tourism industry. The advent of the era of low-cost flights has facilitated access to tourism destinations and low-cost carriers (LCCs) continue to expand into less-used…

Analysis

Take it to the regions: A new authority will implement the Vision 2020 plan and decentralise sector development
OBG
plus

Restructuring is a key part of Morocco’s ambitious plan to expand of the tourism industry, encompassed in the Vision 2020 programme. As the government continues its efforts to increase tourism numbers, diversify target markets and raise the quality of service and infrastructure, important elements of sector governance will be handed down to regional authorities. At the same time, the creation…

Analysis

In the world’s eye: Domestic commercial projects draw international support
OBG
plus

Prior to the beginning of the global economic downturn in 2008, Morocco’s real estate market drew considerable investment from multinational firms for the development of high-end villas, hotels, resorts and leisure facilities, aimed at a primarily foreign audience. Foreign direct investment in the real estate sector peaked at Dh9.15bn (€813m) in 2008, but since then, a number of foreign developers…

Analysis

Raising roofs: A multi-pronged approach should boost social housing stock in the medium term
OBG
plus

As in many emerging economies, public spending on infrastructure and social programmes has stimulated Morocco’s construction industry, despite the global economic downturn that has greatly affected the sector in both the US and Europe. Social housing programmes have been a driving force in the industry a trend that is set to continue for the foreseeable future. The Ministry of Housing and Urban…

Analysis

Open skies: Air traffic stands to benefit from a number of new incentives, partnerships and infrastructure developments
OBG
plus

The air transport sector in Morocco has evolved significantly in the last decade. Following the launch of market liberalisation in 2004 and the signing of an open skies agreement with the EU in 2006, a number of new air carriers have entered the market and passenger numbers have seen marked growth. The National Airports Office (Office National des Aéroports, ONDA), recorded an average of 12.5%…

Analysis

Wastewater management: Improvements made to sewerage treatment and network connections
OBG
plus

Growing water consumption trends and climate change are straining Morocco’s water resources. With projections of a rise in national water needs from 1.1bn cu metres per year in November 2012 to 1.6bn cu metres per year by 2030, the available water resources will continue to decline as desertification takes its toll. Indeed, a decrease in rainfall of 50% is expected across the Middle East and…