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Rabat – Gabon’s President Brice Clotaire Oligui Nguema received on Friday Mohammed Bouzoubaa, the CEO of Moroccan infrastructure giant TGCC.
The Gabonese presidency office announced on Friday that the discussions focused on “priority infrastructure projects,” including university hospital centers, housing, and modern complexes.
“The Moroccan executive reaffirmed his commitment to Gabon-Morocco cooperation,” the presidency office added.
News outlet Gabon Info reported that Bouzoubaa carried a portfolio of projects that meet Gabon’s ambitions.
“Mohammed Bouzoubaa expressed his enthusiasm to contribute to these structuring projects, highlighting the quality of the long-standing fraternal relations between Libreville and Rabat,” Gabon Info reported.
The same source stressed Bouzoubaa’s commitment to contributing to Morocco’s South-South cooperation strategy. Morocco’s vision is to contribute to fostering economic growth and business exchanges across the continent.
Gabon and Morocco have been maintaining good bilateral ties marked by the exchange of visits and expertise in different sectors.
Gabon is also among the growing list of countries that support Morocco’s territorial integrity and sovereignty over its southern provinces in Western Sahara.
TGCC is a leading industrial construction company that is active in different sectors, spanning residential, commercial, industrial, and administrative projects.
The company boasts a workforce exceeding 10,000 employees that operates not only in Morocco but across sub-Saharan African countries.
In Africa, TGCC has been pledging to continue boosting its activities in different fields, including educational and residential projects.
In its portfolio, TGCC said that it played a “major role” in contributing to infrastructure projects covering different industries like hospitality, education, and healthcare.
Founded in 1991, TGCC also created an Ivorian subsidiary, which has been active since 2014, with the aim of establishing itself as a key local player in construction and infrastructure development.
It also expanded its presence on the continent, especially in West Africa in 2022, including in Guinea.
“This move allowed the company to quickly position itself as a trusted partner, paving the way for new growth opportunities,” the company said.
The company emerged as a key player in the construction industry, listing itself on the Casablanca Stock Exchange in December 2021.
In Q4 of last year, TGCC celebrated a 1.5% increase in revenue compared to the same period a year earlier. It finished 2024 with a 12.5% increase in revenue, reaching MAD 8 billion ($884.984).
In addition to the continent, the group continues to expand across the world as it initiated its European market in 2022, followed by a presence in the Middle East, especially Saudi Arabia.
In May this year, TGCC secured a partnership with Naif Alrajhi Investment to collaborate on construction projects developed by the Saudi group within Saudi Arabia.
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