Cement News tagged under: North Africa
Moroccan 1H13 double digit sales fall10 July 2013, Published under Cement NewsCement sales in Morocco have hit a new low, with 1H13 figures noting a 12.6 per cent fall YoY as the real estate and public works sectors experienced a slowdown in activity. The downturn in the real estate sector is particularly prevalent in medium-sized and top-end housing construction. Meanwhile, public works have felt the impact of the government’s decision to cut its investment budget by MAD15bn. Moreover, the expansion of the infrastructure segment during 2008-12 has now come to ... |