Strong Growth in Morocco’s Cement Market
Lafarge Holcim Morocco announced a 12% year-over-year rise in domestic cement demand. The increase follows a period of sustained growth in Morocco’s construction sector, supported by infrastructure investments and housing developments across key urban centers.
Drivers Behind the Surge
The company attributed the growth to large-scale public works projects, including new road networks, logistics platforms, and social housing. These investments have significantly stimulated domestic consumption of building materials.
“Our production facilities are operating near capacity to meet national demand,” a Lafarge Holcim representative stated, highlighting improvements in efficiency and energy management.
Broader Impact on the Industry
Industry analysts note that Morocco’s cement market is benefiting from government-backed construction programs and private sector initiatives. The trend underscores growing investor confidence in the country’s real estate and infrastructure prospects.
Outlook
With continued public investment and sustained urban development, Lafarge Holcim Morocco expects cement demand to remain strong through the coming quarters, positioning the company as a key contributor to the country's modernization efforts.
“We see ongoing demand tied to infrastructure and housing growth,” the company added, emphasizing the sector’s resilience despite global economic challenges.
Author’s summary: Cement consumption in Morocco climbed 12% as Lafarge Holcim capitalized on robust construction activity driven by public infrastructure and real estate expansion.
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