ABOUT MOROCCO

POPULATION : 33.0 - 2013
GDP :
$103.8 - 2013
GDP GROWTH :
4.4% - 2013
INFLATION :
0.4% - 2013

Morocco has a population of over 33 million and an area of 446,550 km2 (172,410 sq mi). Its political capital is Rabat, although the largest city is Casablanca; other major cities include MarrakeshTangierTetouanSaléFesAgadirMeknesOujdaKenitra, and Nador

The Kingdom of Morocco is the most westerly of the North African countries known as the Maghreb - the "Arab West". It has Atlantic and Mediterranean coastlines, a rugged mountain interior and a history of independence not shared by its neighbours.

Its rich culture is a blend of Arab, Berber, European and African influences.

Morocco was a French protectorate from 1912 to 1956, when Sultan Mohammed became king. He was succeeded in 1961 by his son, Hassan II, who ruled for 38 years and played a prominent role in the search for peace in the Middle East. 

Morocco plans to invest 3.3 billion euros in the construction sector in 2015

The General Secretary of the Moroccan Ministry of Infrastructure, Transport and Logistics, Redouane Belarbi has announced that 36 billion dirhams (3.3 billion euros) will be invested in the construction industry and public works in 2015.

Ports will benefit of 12.84 billion dirham (1 dirham = 0.092 euro), followed by roads and highways (9.74 billion dirhams) and railways (4.70 billion dirhams), according to which Belarbi was talking about at the opening of an information day on the construction markets in respect of 2015.

These investments also concern the public facilities (7.38 billion dirhams) and aviation sectors (1.2 billion dirhams) and logistics (161 million dirhams).

These markets are primarily intended for Moroccan companies. “The national preference should become a doctrine,” said in this framework the Moroccan Minister of Transport Aziz Rabbah. His department already imposes a surplus of 15% on the amounts of bids submitted by foreign companies.

The new decree of public contracts, amended in early 2014, also stipulates mandatory reservation 20% of public procurement to Moroccan SMEs.
(from www.medafricatimes.com)