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56% SURGE IN PUBLIC INVESTMENT IN CONSTRUCTION SECTOR FOR 2024

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Three key factors boosting the national construction sector

Thanks to continuously rising public budgets backing the Kingdom’s infrastructure projects, the construction ecosystem maintains strong performance. In 2024, the state budget dedicated to infrastructure saw a significant jump of 56%, indicating a resurgence and rejuvenation of the sector with a suite of projects matching the Kingdom’s ambitions.

“After a challenging year marked by the effects of inflation on related sectors, the construction sectors are experiencing a recovery with major investment programs being launched in the Kingdom in the coming years. Our challenge is to ensure that every dirham of public money invested in these programs creates quality employment opportunities for all categories of citizens across all regions of the Kingdom”
Nizar Baraka
Minister of Equipment and Water
(Rabat, February 29, 2024 – Information day on the forecasted construction sector projects for 2024)

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