Tax incentives for Morocco stadium construction bids

May 5, 2025, 7:52 AM

Karim Zidane, Morocco’s minister of investment, said the country 'offers incentives that can reach up to 30 percent of the total investment amount'

Tax incentives of up to 30% on offer
Subsidies and exemptions for companies
Bids invited for ‘world’s largest’ stadium

Morocco is offering tax incentives of up to 30 percent, as it looks to attract private sector partners for large scale projects such as the infrastructure needed ahead of its co-hosting of the World Cup in 2030.

“Morocco offers incentives that can reach up to 30 percent of the total investment amount,” Karim Zidane, Morocco’s minister of investment, said in a newspaper interview last week.

These include direct investment subsidies for projects, while he added that the North African country also provides “tax exemptions for the first years for new companies or those established in specific zones”.

The comments came as Morocco invited bids from domestic and international companies to build the Grand Stade Hassan II in preparation for the 2030 Fifa World Cup.

The stadium is located at Benslimane, on the outskirts of Casablanca, Morocco World News reported.

The tender for construction, worth 3.2 billion dirham ($320 million), follows the completion of the earthworks phase, the newspaper said.

The bid deadline is June 10 and the construction is expected to be completed in 30 months.

The stadium will be a main component of a 100-hectare complex that will include training fields, a hotel, a conference centre and an athletics stadium. There will also be a sports hall, a swimming pool, a play area, two shopping centres and four parking lots capable of accommodating 10,463 vehicles.

When completed, the stadium will have a 115,000-seat capacity and will surpass North Korea’s May Day Stadium to become the world’s largest stadium, the newspaper said.

Morocco’s trade deficit rose about 17 percent to 71 billion dirham in the first quarter of this year, according to a separate report, citing Morocco’s foreign exchange office.

In the run-up to co-hosting the World Cup with Spain and Portugal, the country has unleashed a massive investment in building its infrastructure.

Zidane said the country’s partnership with the two Iberian countries “reflects our mutual trust in the ability to build high-level projects together”.