Peripheral PPP Lots
What Most Investors Only See
After Positioning Is Taken
The stadium is public. The value is in the surrounding infrastructure layers — where revenue is structured, and where capital is positioned. Three standalone BOT concession lots: 10,463-space parking, BRT/RER express link, perimeter commercial zones.
These lots are pre-tender. Once tendered publicly, the positioning window closes.
The opportunity is not the stadium.
It's the surrounding infrastructure layers — where revenue is structured, where capital is positioned.
The Grand Stade Hassan II (115,000 seats) is confirmed with primary public financing by ANEP. The State builds the stadium. What it does not build — and what it awards to private capital — is the infrastructure required to make it function.
Three standalone PPP lots. Three independent concession agreements. Three separate revenue engines — each with its own demand profile, its own payment structure, and its own entry window.
"ANEP provides freehold land for the full concession term. The State finances 75% of the stadium — creating guaranteed client flow. Casablanca is a confirmed World Cup 2030 flagship host city."
Source: PPP Construction Morocco — Verified Projects Portfolio 2026 / ANEP / PLF 2026Each lot is awarded independently under Morocco's established PPP legal framework (Law 86-12 / Law 46-18). Revenue flows through a combination of sovereign availability payments — the public authority pays the concession holder regardless of utilisation — and direct operating revenues from parking fees, transit ticketing, and commercial lease income.
The PLF 2026 — Morocco's Finance Bill allocating MAD 380 billion in public investment, the largest in the country's history — confirms the programme. The CNPPP, chaired by the Prime Minister, has identified over 60 PPP opportunities representing MAD 50 billion across sectors. This project is one of the most advanced.
What is being offered here is not exposure to the stadium. It is a structured position in the infrastructure that will serve it — before concession terms are publicly tendered, before competitive allocation narrows the window.
The Value Is Structured Around It.
Three concession lots. Three independent revenue engines. Each positioned before public tender exposure. Pre-market positioning
The largest single concession lot. 10,463 spaces, underground. Build-Operate-Transfer structure over 20–30 years.
The availability payment floor protects against utilisation risk. Even at zero events, the sovereign payment is contractually fixed. Casablanca city-centre rates: MAD 15–30/hr. EBITDA margins at comparable facilities: 55–65%.
World Cup 2030 creates a guaranteed demand ceiling that validates occupancy projections before the concession even begins.
Connects the stadium zone to Casablanca's urban transit grid. Hard deadline: operational before 2030. That mandate compresses timelines and de-risks delivery uncertainty.
Revenue model: transit ticketing (peak event + daily commuter) plus public service obligation availability payments for non-peak periods. Precedent: Casablanca tramway extensions, Rabat BRT — both operating under comparable structures.
The perimeter lot covers road access, pedestrian circulation, public spaces, and integrated commercial zones. Hybrid PPP: management concession generating commercial lease income, event-access fees, and advertising rights over ANEP freehold land.
High-footfall retail and F&B concessions at comparable stadium perimeters generate annualised revenues that rival the underlying infrastructure operation. ANEP land ownership provides the asset security base for long-term commercial lease structuring.
The availability payment mechanism removes demand risk from the equation. The State pays — contractually — regardless of utilisation. That is the foundation.
Above that floor, three independent revenue streams operate in parallel: parking fees at MAD 15–30/hr (365 days/year), transit ticketing across commuter and event flows, and commercial lease income on ANEP freehold land. Non-correlated. Non-competing.
World Cup 2030 creates a hard demand ceiling that makes the base projections conservative, not optimistic. Casablanca as flagship host city = political priority + timeline enforcement + minimum infrastructure delivery mandate.
Arrive Too Late
By the time a PPP project appears in public tender documentation, concession terms are fixed. Strategic positions are allocated. Risk is priced.
The pre-tender window is not a rumour. It is a documented phase in the CNPPP process. This project is in that phase now.
Full deal intelligence is available only to qualified investors who have completed access verification. What you are reading is the entry layer.
Supremium International structures access to Morocco's pre-tender PPP pipeline for institutional capital that meets qualification criteria.
The full dossier includes concession structuring documents, financial modelling, government alignment details, and entry positioning strategy — none of which appears in public sources.
the Structure.
Not Enough to Access It.
Concession structuring, financial modelling, government alignment details, and entry positioning strategy are only available after access verification. Institutional capital that moves now engages on terms. Capital that moves later engages on price.