market intelligence
Morocco’s economy, with a nominal GDP of $165.8-Billion, is driven by several key sectors:
preparation for co-hosting the 2030 FIFA World Cup alongside Spain and Portugal.
3. Nador West Med LNG Terminal - Morocco is constructing a new $700-Million LNG terminal at Nador West Med Port. This project includes a pipeline network linking the terminal to existing infrastructure with Spain, positioning Morocco as an emerging gas logistics hub for Europe. 4. Sidi Slimane Grand Stadium - At a cost of $320 million, this 115 000-seat stadium near Casablanca will be the largest in Africa. Built on a 100-hectare site, the facility strengthens Morocco’s sports infrastructure ahead of the 2030 World Cup. 5. Guercif–Nador Highway - A 104-kilometre highway, partly funded by the African Development Bank, is part of a broader strategy to upgrade 1 000+ kilometres of road infrastructure. The $700-Million project boosts regional connectivity and trade capacity. 6. “Morocco Offer” – Ammonia and Green Hydrogen Projects Backed by $30-Billion in commitments, six large-scale hydrogen and ammonia projects have been approved under the “Morocco Offer”. This includes partnerships with global players such as Acciona, Nordex, TAQA, Moeve (formerly Cepsa), Naerva, and two Chinese firms. The initiative offers land, infrastructure, and regulatory incentives, reinforcing Morocco’s ambitions to be a renewable energy powerhouse.
• Agriculture: Major exports include citrus, olives, and cereals. • Mining: Morocco holds around 75% of the world’s phosphate reserves. • Tourism: Cultural and eco-tourism destinations such as Marrakech, Fès, and the Sahara continue to draw global visitors. • Renewables: Ambitious targets are fuelling growth in solar, wind, and hydrogen energy. Flagship Projects in Morocco
1. Noor Midelt Hybrid Solar Park Set to become one of the world’s largest solar
installations, this 800 MW hybrid facility combining 200 MW concentrated solar power with 600 MW photovoltaic includes energy storage capabilities to stabilise the national grid. Completion is expected by December 2025 and will support Morocco’s target of sourcing 52% of electricity from renewables by 2030. 2. Mohammed V International Airport Expansion - A $1.6-Billion expansion of Morocco’s busiest airport aims to double capacity to 30-million passengers annually by 2029. Managed by the Office National des Aéroports (ONDA), this project aligns with the country’s
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Issue 3 – 2025
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