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.

Scope

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

N/A

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

3.Sector

4.Operating metrics

5.Tender Information

6.Scope

7.Description

8.Latest update

9.Background

10.Key Contacts

11.General News, Project News

12.Appendix

List of Tables

N/A

List of Figures

N/A

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