Home Morocco From 6,800 to 13,000: Moroccan companies flock to public procurement opportunities

From 6,800 to 13,000: Moroccan companies flock to public procurement opportunities

The number of companies registered on Morocco’s public procurement portal has nearly doubled, climbing from 6,800 to 13,000, according to Minister of Economy and Finance Nadia Fettah. Speaking in Parliament, Minister Fettah highlighted this surge as a testament to Morocco’s ongoing efforts to improve transparency and accessibility in public sector contracts.

This increase has been accompanied by a rise in procurement orders, which reached approximately 64,000 by August 2024, totaling 1.6 billion dirhams (MMDH). These growing figures underline the impact of reforms aimed at modernizing Morocco’s public procurement system, with a strong focus on equitable distribution of contracts, support for small and medium-sized enterprises, and promoting national preference.

Transparency is a central goal of these reforms, which are designed not only to make public spending more accessible but also to boost economic inclusion across Morocco’s diverse regions. By prioritizing spatial equity, the government aims to direct more contracts to smaller, local businesses, supporting economic growth in underserved areas.

On the fiscal side, Minister Fettah reported on the success of reforms to the tax code, particularly Article 139. These reforms have resulted in a 36% rise in revenue from municipal services, as well as a 12% increase in urban land tax collections, now totaling 2 billion dirhams. The real estate sector has also seen a positive impact, with property transactions rising by 3.4% from October 2023 to October 2024.

This growth in both public procurement engagement and tax revenue reflects the positive effects of Morocco’s recent policy reforms. By enhancing transparency, providing support for smaller businesses, and increasing revenue streams from real estate and urban land, these measures are helping to strengthen Morocco’s economic infrastructure, fostering a more inclusive and robust market.

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