Morocco’s construction sector recorded a solid increase in activity in the third quarter of 2025, supported mainly by civil engineering and specialized construction projects, according to a quarterly business survey by Morocco’s statistics office (HCP). Building-construction activity remained broadly stable over the period.
The country is currently in a construction super-cycle, backed by large-scale public investment, according to analysts. Morocco has earmarked an annual average of MAD 350 billion for infrastructure through 2030, with additional demand driven by preparations for the 2030 FIFA World Cup and the 2025 Africa Cup of Nations, according to data from Attijari Global Research, a market research firm.
According to the HCP survey, companies reported that the number of orders on their books was normal, and employment in the construction sector rose. Capacity utilization was 71%, while roughly one in five firms said they were experiencing difficulties sourcing raw materials.
Cash-flow pressures persisted, with 21% of business leaders characterizing their financial situation as “difficult.” Overall, the indicators point to a sector expanding at a moderate pace but still facing financing constraints and supply-chain bottlenecks.
Outlooks for the fourth quarter of 2025 suggest this momentum will continue. Firms expect a general rise in construction activity, driven again by civil engineering and special projects.
Building-construction output is projected to remain stable, and companies foresee a further increase in employment. The sentiment indicates the sector is poised for another quarter of growth, extending the trajectory observed earlier in the year.
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