Moroccan construction industry set for a major boost

Construction, one of Morocco’s most important sectors employing one million people, is soon to receive a boost as professionals meet at The Big 5 Construct North Africa 2017, which runs from April 25 to 27 in Casablanca.

Organised by dmg events, the show facilitates growth in local construction industries by offering insight to key influencing trends and latest solutions for the built environment. CPD-certified workshops and seminars will also address some of the most compelling challenges faced by construction professionals in Morocco, such as health and safety, and sustainability.

Private and foreign direct investments are essential for growth in Morocco’s construction industry where output value is expected to rise at a compound annual growth rate (CAGR) of 4.07 percent in the next four years.

Real estate accounts for the largest share of FDIs, at 38.6 percent in 2016, according to the Moroccan Investment Development Agency. About 20 percent of developers in Morocco conduct business as part of a joint venture, many involving Gulf countries, the Oxford Business Group highlights.

“The Big 5 Construct North Africa in Morocco will promote long-term growth opportunities, develop and create new export partnerships for local Moroccan companies,” Andy Pert, Portfolio Exhibitions director of dmg events, said. “By sharing global best practices and innovative ideas, we are confident The Big 5 will support the Moroccan economy catering to the needs of local manufacturers and construction professionals.”

Moroccan companies such as Mall Zellij, Chaoui Bois, Vicaima Africa, Le Comptoir and Patmas Afrique have already announced their participation.

“The event will facilitate future regional and global distribution opportunities by welcoming construction players from around the globe, ultimately supporting Moroccan exports,” Mr Pert added.

Other associations such as the Developers & Builders Alliance (DBA), the American Institute of Architect (AIA), the Royal Institute of Chartered Surveyors (RICS) and the Kenya Federation of Master Builders (KFMB) have also offered their support for the show.