Morocco investing in transport

Morocco continues to invest in improving its transport network, which is seen as providing a major boost to the country's growing economy.
February 29, 2012 Read time: 1 min
Morocco continues to invest in improving its transport network, which is seen as providing a major boost to the country's growing economy. The country has quadrupled its transport infrastructure investments in the last 10 years and will continue with this strategy. Some US$15.17 billion is being budgeted for transport investment between 2008 and 2012. The 3353 Moroccan Ministry of Equipment and Transport has defined its transport strategies with the Emergence Plan, which encompasses major infrastructure projects such as the new highway network and the Tanger-Med Port complex.

For more information on companies in this article

Related Content

  • New road safety plans to address Morocco’s fatality rate
    September 21, 2012
    Morocco’s Transport Ministry is proposing tougher measures to boost road safety. Following a recent coach crash that killed 43 people in Morocco, various safety issues have been highlighted. The authorities say that vehicles more than 20 years old are allowed on Morocco’s roads, subject to regular roadworthiness checks.
    Read More
  • International investment in infrastructure increasing
    November 15, 2013
    According to market analysis by global advisory firm KPMG, the value of global transactions in the transport infrastructure sector has risen steeply since the beginning of 2013. KPMG reports that 2013 looks set to be a record year for transport infrastructure deals. The first half of 2013 saw global deals of infrastructure assets worth US$16.6 billion. By the end of the third quarter this figure had risen to $23.5 billion. The majority of assets acquired in 2013 have been either in Europe or Asia.
    Read More
  • Ethiopia-Somalia road project underway
    March 11, 2019
    Work is now starting on the 234km road that will connect the Ethiopian town of Togochale with Berbera Port in neighbouring Somalia. The project is being carried out in three phases and will cost US$400 million in all, with this first 72km section costing some $90 million. The project is of key importance to both countries, as well as for East Africa’s economy as a whole. Landlocked Ethiopia’s economy has been growing healthily in recent years but has been constrained by a lack of access to a port. Meanwhile
    Read More
  • Developing Brazil's transport infrastructure
    February 16, 2012
    The IRF and ABCR spoke with World Highways about the upcoming 7th Brazilian Congress on Highways and Concessions event
    Read More

Highlighted Content