Skip to main content

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

  • US$5.3 billion for Philippines’ transport infrastructure works
    June 5, 2024
    Spending of US$5.3 billion is planned for key transport infrastructure projects in the Philippines.
  • Great opportunities in Asia, conference goers are told
    January 23, 2014
    Asia’s emerging economies will be building roads for the next two decades, delegates at a recent Argus Asian Bitumen conference in Singapore heard. That means there are big opportunities for suppliers of bitumen, related technology and risk management companies - Kristina Smith reports One of the strongest messages to emerge from the Argus Asian Bitumen conference held in Singapore earlier this year is the sheer volume of road building planned in the region. For many countries there are political and finan
  • Tanzania delivers road construction boost
    November 2, 2012
    Plans to upgrade two major roads in Tanzania will bring huge benefits to the East African nation. Shem Oirere reports Tanzania’s bid to retain or improve its position as East Africa’s second largest economy is gaining momentum as the government moves to support the achieved growth and contribute more to ongoing regional economic integration through the improvement of its transport infrastructure. The country received a major boost in April, 2012, when the African Development Bank (AfDB), one of Tanzania lea
  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.