News Infrastructures

Morocco Taps Local Heavyweights as Part of $3.8 Billion Airports Expansion Push

Morocco Taps Local Heavyweights as Part of $3.8 Billion Airports Expansion Push
Thursday, 28 August 2025 05:12

• Morocco awarded the expansions of Marrakech and Agadir airports to Jet Contractors and SGTM, increasing capacities to 16 million and 7 million.
• Casablanca Mohammed V is in the procurement process for a new terminal, targeting a 35 million capacity, with an award expected before the end of 2025.
• The MAD 38 billion Airports 2030 plan aims to double national capacity by 2030, as traffic rose 16.4% year-over-year in Q1 2025.

Morocco is shifting its Airports 2030 plan from blueprint to build, awarding parallel expansion contracts at Marrakech-Menara and Agadir Al Massira to homegrown groups Jet Contractors and SGTM as part of a MAD 38 billion (about $3.8 billion) program to double national capacity before the 2030 FIFA World Cup. Each package is worth roughly MAD 2.2 billion (~$220 million), increasing Marrakech’s terminal to 142,000 m² for a 16 million annual throughput and expanding Agadir’s terminal to 75,000 m² to handle 7 million passengers.

Casablanca’s Mohammed V, the country’s hub, is advancing in parallel: the airports authority ONDA launched two international calls for expressions of interest in May—one for a program manager and another for the construction consortium—for a next-generation terminal designed to add 20 million passengers a year and bring total capacity to 35 million by end-2029. ONDA reports that 27 consortia have submitted, and the award is slated for before the end of the year—estimated outlay: about MAD 15 billion.

Traffic momentum is supporting the buildout. Passenger volumes rose 16.4% year-on-year in the first quarter of 2025, according to figures relayed by H24Info and MAP, underscoring capacity pressure across the network. The government’s target is to lift national airport capacity from about 38 million to 80 million passengers by 2030, aligning aviation investments with broader preparations for the World Cup. 

The awards highlight the increasing importance of local contractors in strategic infrastructure development. Jet Contractors, listed in Casablanca, has flagged a near-MAD 9 billion order book and tapped the bond market this year to fund execution; the shares were briefly limit-up after the latest wins. SGTM, one of the country’s largest private builders, leads the Agadir package after outbidding rivals.

ONDA frames the airport plan around two tracks: significant capacity additions at Marrakech, Agadir, Tangier, and Fez, plus a new hub terminal (and associated airside works) at Casablanca; and a second envelope for modernization and upkeep across the network. Together, the moves aim to strengthen Morocco’s position as a North African aviation hub while enhancing resilience and the passenger experience. 

Idriss Linge

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