Morocco Unveils $2.9B Rail Revolution Ahead of 2030 World Cup
The Moroccan National Railway Office (ONCF) has announced the purchase of 168 trains of 168 trains worth $2.9 billion from leading companies in France, Spain and South Korea. The move is part of the country’s ambitious plan to expand the high-speed and urban rail network before the 2030 FIFA World Cup, with Morocco co-hosting with Spain and Portugal. The extension aims to double the number of cities associated with the country’s railway network by 2040, linking 87% of Morocco’s population. The agreement will allow Alstom, France, to supply 18 high-speed trains, Spain’s CAF develops 40 core trains, and South Korea’s Hyundai Rotem provides 110 city trains. France, Spain and South Korea will provide preferential financing to fund expansion projects.
source: Reuters
