Home Finance & Business Jet Contractors secures a record $900 million in orders

Jet Contractors secures a record $900 million in orders

Jet Contractors has solidified its position as a key player in both Moroccan and international markets, with an order book nearing 9 billion dirhams ($900 million). This strong momentum underscores the company’s ability to secure high-value projects across strategic sectors, reinforcing its market presence.

With 8.85 billion dirhams in confirmed contracts, Jet Contractors enjoys substantial visibility on its future operations. The high demand for the company’s expertise spans multiple industries, including railway infrastructure, public facilities, renewable energy, and water resource management. Notably, international contracts account for 33% of the total order volume, highlighting the firm’s growing global footprint.

In 2024, Jet Contractors reported a consolidated revenue of 3.15 billion dirhams, marking a remarkable 43% increase compared to the previous year. This growth reflects both the higher number of completed projects and the expansion of the company’s strategic business segments. Meanwhile, net consolidated debt stands at 1.007 billion dirhams, remaining stable from 2023, demonstrating effective financial management.

With a robust pipeline of projects, Jet Contractors is well-positioned for sustained growth in the coming years. Among its flagship initiatives are the Kénitra-Marrakech high-speed rail line, the International Finance Corporation (IFC) headquarters in Dakar, the OCP solar power plant in Benguerir, and the Sakia Al Hamra dam in Laâyoune. These major projects highlight the company’s capacity to execute large-scale developments that address critical infrastructure and energy transition challenges.

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