TGCC, SGTM Win $320 Million Deal for Casablanca's Grand Stadium
The deal, reportedly valued at MAD 3.2 billion ($320 million), comes after the tender process closed on June 10.
The two companies, which submitted the only bid, met all the technical and financial conditions required for this stage of the project.
The scope of work includes heavy construction, waterproofing, steel framework, interior finishes, and carpentry.
The stadium, described as a strategic national investment, shows Morocco's broader ambitions in sports infrastructure as the country prepares to co-host the 2030 FIFA World Cup.
The Royal Moroccan Football Federation (FRMF) laid out a timeline that targets December 2027 for completion.
Morocco is pulling out all the stops as it prepares to co-host the 2030 FIFA World Cup alongside Spain and Portugal.
From massive stadium construction to sweeping infrastructure revamps, the North African country is racing ahead to match international standards and deliver a smooth experience to teams and fans.
Yet, this ambitious push comes at a time of looming economic worries, which does not fail to raise questions about how much more the country can stretch.
While the effort signals determination and national pride, it also reveals the high stakes Morocco faces in balancing aspirations and domestic realities.
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