HomeEconomyThe construction sector continues its favorable trend

The construction sector continues its favorable trend

After ending 2021 with a good performance, the building and public works (BTP) sector continued to develop favorably during the first month of 2022, indicates the Financial Studies and Forecasts Department (DEPF).

Cement sales, the flagship indicator of activity in the sector, rose by 8.8% at the end of January 2022, after an increase of 14.8% at the end of 2021, and a drop of 12.3% at the end of January 2021, underlines the DEPF in its economic note of February 2022.

Regarding the financing of operations in the sector, real estate loans maintained the same growth rate at the end of 2021 as the previous year, i.e. +2.7% to around 292 billion dirhams, notes management.

This trend follows the strengthening of housing loans (+4.9%, after +3.4% a year earlier), mitigated by the withdrawal of real estate development loans by 7%, after a slight decline of 0 .7% a year earlier.

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