$38 Billion for Infrastructure Development in Morocco by 2035: A Priority for Roads and Ports

$38 Billion for Infrastructure Development in Morocco by 2035: A Priority for Roads and Ports

- in Economy

$38 billion for infrastructure development in Morocco by 2035: A priority for roads and ports

A recent study by Allianz Research has revealed that Morocco will need to mobilize investments amounting to approximately $38 billion by 2035 to develop its non-energy infrastructures. This is essential to keep pace with demographic and urban changes and to enhance its position as a regional logistics hub.

According to the report, these investments will be distributed across six main sectors, with the road sector leading at around $19.3 billion, followed by ports at $8.2 billion, and telecommunications and digitization at $6.3 billion. Railways will require $3 billion, while wastewater projects will need $1.1 billion, and the aviation sector is expected to see investments of only $0.1 billion.

The report places these estimates within a broader global context, noting that economies around the world need to allocate about 3.5% of their GDP annually, roughly $4.2 trillion, to fill the infrastructure investment gap over the next decade.

For Morocco, the study asserts that these investments will enhance wealth creation, improve the kingdom’s attractiveness for foreign investment, and strengthen its connections to international markets, especially given its strategic position as a gateway between Africa and Europe.

Allianz Research highlighted that over 60% of Moroccans live in urban areas, increasing the pressure on national infrastructure and making investment in this sector imperative to meet growing demand.

The study also noted that this need aligns with a global dynamic that will boost spending on non-energy infrastructures to $11.5 trillion over the next decade, with a total of $26 trillion expected by 2035 when including energy investments.

The report confirms that the private sector has become a key player in financing infrastructure, with the value of unlisted assets rising from less than $25 billion in 2005 to $1.5 trillion in 2024, focusing increasingly on digitization and energy transition projects such as data centers and fiber optics.

The study views this global dynamic as an opportunity for Morocco to attract more local and foreign investments and expedite major projects that can enhance the competitiveness of the national economy and achieve sustainable development goals.

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