Country Snapshot: Morocco

Moroccan Cement Industry - Land of Contradictions
The Kingdom is divided into wealth and poverty, with inadequate energy supplies and insufficient infrastructure, but ties to European trade are strong and twenty years of regional development have spurred construction. Thanks to a recovering economy that felt only minimal effects of the Arab Spring, coupled with strong infrastructure spending, the Moroccan cement market anticipates growth.

Privatization had been a cornerstone of the Moroccan economy since 1993. However, the global economic crisis and ongoing political unrest has forced the government to invest heavily in social programs and subsidies. Thus, efforts to accelerate privatization of the economy has stalled somewhat over the last few years.

Read the rest of the article in the CemWeek Magazine issue 9.