BMCE – Bank of Africa Tower Development – Morocco

Pages: 8 Published: October 25, 2018 Report Code: 198868

The Banque Marocaine du Commerce Exterieur (BMCE) associated with NOX Group is undertaking the construction of a 250m high-rise tower on a site area of 3ha, near the Bouregreg River in Rabat, Morocco.The project involves the construction of a 55-story mixed-use tower on a 386,000m2 area, a complex featuring apartments, five-star hotels, a 350-seat auditorium, commercial facilities on the ground floor, office facilities in the first 12 floors, residential facilities from 13th to 26th floor (55-apartments), a luxury hotel on the upper floors, high-rise apartments in the top four floors, restaurants, library of the national archives of the kingdom of Morocco, archaeological museum and earth sciences, multiplex cinema, multiplex cinema, marina, art hotel, an arts and culture house, a conference hall, business centre, complex featuring apartments, parking facilities, access roads, associated facilities and the installation of elevators, safety and power-related systems.The Grand Theatre of Rabat includes construction of 2,750-seat Theatre, 520-seat Small Theatre, 127-seats Small modular room, 1,822-seat Auditorium, Performance space, Cafe, Open Amphitheatre, Souvenir Boutiques, Bookstore, National library, Archaeology museum, Earth sciences museum, Hotel, Swimming pools, Skate parks, Heritage House, Residential area and Associated facilities.Colliers International has been appointed as the Project Manager.In the fourth quarter of 2015, Rafael de La-Hoz appointed as architect.In March 2016, the foundation stone laid by the King of Morocco.In May 2017, the company China Railway Construction Corp (CRCC) and the Travaux Generaux de Construction de Casablanca (TGCC) has been awarded construction contract for the project.In October 2018, a consortium comprising Belgian construction firm BESIX Group, Six Construct and TGCC have signed a contract to design and build the project along with CRCC. Construction work are expected to commence on November 1, 2018 and expected to be completed by May 30, 2022.


A Private Developer, Othman Benjelloun, is planning to come up with a 250 meter tall mixed use development project.Project is also known as Bank of Africa Tower. It will be the tallest building in Africa which is to be constructed near the the Bou Regreg River. The US$375 million project includes the following:1. Construction of a 55-storey tower 2. Construction of a grand theatre 3. Construction of a library of the national archives of the kingdom of Morocco 4. Construction of an archaeological museum and earth sciences 5. Construction of multiplex cinema 6. Construction of sculpture gallery, 7. Construction of marina 8. Construction of an art hotel 9. Construction of a business centre10. Construction of an Arts and Culture House11. Construction of a complex featuring apartments12. Construction of five-star hotels13. Construction of a 350-seat auditorium14. Construction of commercial facilities on the ground floor15. Construction of office facilities in the first 12 floors16. Construction of residential facilities from 13th to 26th floor (55-apartments)17. Construction of a luxury hotel on the upper floors18. Construction of high-rise apartments in the top four floors19. Construction of restaurants20. Construction of parking facilities21. Construction of access roads22. Construction of associated facilities23. Construction of a conference hall24. Installation of elevators25. Installation of safety systems26. Installation of power-related facilities

Reasons to Buy


Key Players

Six Construct Ltd; Colliers International Group Inc; Rafael de La-Hoz; City council of Rabat; FinanceCom International S.A.; Banque Marocaine du Commerce Exterieure (BMCE); Travaux Generaux De Construction De Casablanca Sarl; Chb Architects; BESIX; NOX Group; China Railway Construction Corporation Limited

Table of Contents

1.Key Statistics

2.Key Dates


4.Operating metrics

5.Tender Information



8.Latest update


10.Key Contacts

11.General News, Project News


List of Tables


List of Figures



Can be used by individual purchaser only


Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about our multi-purchase discounts
Tel +44 (0) 20 7947 2960

Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.

Still undecided about purchasing this report?


“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods