Economy
Morocco's ambitious railway infrastructure development has taken a significant step forward as French construction company Colas secures three major contracts worth €430 million to expand the country's high-speed rail network between Kenitra and Marrakech. The project, aimed at enhancing......
Stellantis's manufacturing facility in Kenitra, Morocco, has launched production of Automated Guided Vehicles (AGVs), marking a significant advancement in the region's automotive manufacturing capabilities. The plant aims to produce 1,000 AGVs annually, according to Faro de Vigo. The AGV workshop......
In a significant development for Morocco's automotive sector, top Japanese automotive companies embarked on a business mission to Rabat, marking an important step in strengthening economic ties between the two nations. The mission, organized by the Japan External Trade Organization in Rabat (JETRO......
Tanger Med Port Authority has announced an impressive 18.8% increase in container traffic for 2024, solidifying its position as a leading hub in global maritime trade. The port processed over 10.24 million twenty-foot equivalent units (TEUs) last year, marking a significant leap from its 2023 performance.......
Morocco's ambitious transportation infrastructure plan will inject MAD 96 billion ($9 billion) into railway upgrades by 2030, Transport and Logistics Minister Abdessamad Kayouh announced in Rabat. The comprehensive initiative aims to dramatically expand the nation's rail connectivity while modernizing......
The Kénitra-Marrakech high-speed rail project, one of the most anticipated infrastructure initiatives in Morocco, is progressing rapidly. Aimed at modernizing the country's rail transport system, this ambitious project benefits from strong international cooperation and a complex financial......
Morocco is positioning itself to become the world's leading exporter of electric batteries by 2030, according to a recent report from a Belgian journal. This ambitious plan focuses on tapping into the European and American markets, placing the country at the heart of the global transformation of......
Building Logistics Services (BLS) has inaugurated a significant new logistics center in Casablanca's Tit Mellil district, marking a substantial investment of MAD 300 million ($29.79 million) in Morocco's infrastructure development. The newly established BLS Casa Hub spans an impressive 50,000......
French construction group Nouvelles Générations d’Entrepreneurs (NGE) has announced its successful bid for Lot 3 of Morocco’s high-speed rail expansion project, linking Kenitra and Marrakech. This marks the company’s first railway contract in the country and aligns with......
Trelleborg, a Swedish manufacturer of industrial machinery, commenced the construction of a new aerospace sealing systems factory in Nouaceur, a region in northwestern Morocco. The $10.2 million project is expected to create 150 to 200 jobs and aligns with Morocco's broader goals to integrate further......
Morocco’s new high-speed rail will cut journey times between Tangier and Marrakech from seven hours to just 2 hours 45 minutes by 2029. Morocco’s National Railways Office (ONCF) has awarded the eighth and final lot of civil engineering works for the Kenitra-Marrakech high-speed rail line......
The Moroccan government has unveiled a transformative plan to upgrade the nation's railway system, with an investment of MAD 87 billion ($8.7 billion). Transport Minister Abdessamad Kayouh announced this ambitious initiative on Monday, aiming to modernize the network in response to increasing demand......
Chinese companies are increasingly investing in Morocco's burgeoning electric vehicle (EV) industry, drawn by the country's strategic location and opportunities tied to U.S. subsidies. A recent article by the South China Morning Post highlighted the growing collaboration, marking a pivotal moment......
