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

  • EBRD continues supporting infrastructure investment
    January 21, 2014
    The European Bank for Reconstruction and Development (EBRD) says it has provided strong support to emerging economies in 2013. Much of this investment has been into transportation infrastructure, which the EBRD sees as being crucial for development and to help emerge economies into growth. Total investments for the year across all of the regions where the EBRD is active amounted to €8.5 billion, according to preliminary estimates, compared with financing of €8.9 billion the previous year. These investments
    Read More
  • Morocco tender
    May 3, 2012
    The Moroccan Government is increasing its investment in roads and highways by 21% from last year. The country intends to spend US$6.32 billion on improving the road network. A further $14.5 billion is expected from private sources and other funding bodies. Work on the El Jadida-Safi highway project will commence in 2012 and is expected to cost $497million. Work on the Tit Mellil-Berrechid highway section will cost $152.55 million. The authorities in Morocco are now assessing 13 bids submitted in the tender
    Read More
  • Major highway project planned for Morocco
    January 10, 2013
    Work on a new 172km highway is underway in Morocco. Financing worth US$706.7 million is being budgeted for the new highway, which will connect Berrechid-Beni with Mellal. The new highway will have two toll booths and three rest areas. The project is due for completion in 2014, with the first stretch in the Tadla-Azilal area expected to open to traffic June 2013. The new highway is a key link in the Moroccan Government’s planned road network for the country. This is aimed at ensuring all towns and villages i
    Read More
  • Morocco plans repairs and further development of roads
    January 20, 2015
    Moroccan Ministry for Equipment and Transport has said that its 20-year plan for the country's motorway network will require an investment of US$5.86 billion. Funding sources for all of the work have yet to be secured. The country’s tolled highway system has been a success, although the Casablanca-Rabat-Tangiers route generates much of the total revenue. Morocco’s Ministry for Transport and Equipment is also looking to source financing worth $532.6 million. This will be used to repair damage to the road ne
    Read More

Highlighted Content