Keywords: Infrastructure
The French government has extended a Treasury loan of €781 million to Morocco for the procurement of 18 high-speed trains (TGV) from Alstom. This investment is aimed at extending the high-speed rail line (LGV) to Marrakech. This funding is part of the ongoing Franco-Moroccan railway cooperation......
The satellite telecommunications giant Starlink, owned by Elon Musk, is in advanced discussions with Moroccan authorities to deploy its network in the Moroccan Sahara. This initiative aligns with the broader modernization of the Kingdom's digital infrastructure and has the potential to transform......
The European Investment Bank (EIB) has strengthened its commitment to Morocco's development initiatives, surpassing the €10 billion investment mark since the inception of its partnership with the North African nation. A recent statement shared with Morocco World News reveals that the financing......
Friedrich Merz, the likely next Chancellor of Germany, proposed an unprecedented spending plan involving billions of euros to boost defence and infrastructure. Speaking on Tuesday, Merz outlined the initiative, which will involve his centre-right CDU/CSU party and the centre-left SPD in a coalition government.......
The National Office of Electricity and Drinking Water (ONEE) has launched an ambitious project to enhance the drinking water supply in several provinces, aiming to improve access to clean water for thousands of residents. The initiative, valued at 41 million Moroccan dirhams, focuses on the Mkanssa......
The World Bank has reaffirmed its commitment to supporting Morocco in its preparations for hosting the 2030 FIFA World Cup. Ousmane Dione, the institution’s vice president for the Middle East and North Africa, made this declaration during a meeting on Wednesday with Fouzi Lekjaa, Morocco’s......
Hyundai Rotem has signed a historic $1.5 billion (2.2 trillion won) contract with Morocco’s National Railways Office (ONCF) to supply double-decker trains, marking the largest order ever secured by the South Korean company. The agreement, announced on Wednesday, underscores a significant step in......
In a significant move ahead of the holy month of Ramadan, His Majesty King Mohammed VI, Amir Al-Mouminine, has directed the opening of mosquées that have been newly constructed, reconstructed, or restored by the Ministry of Habous and Islamic Affairs. This initiative underscores the Kingdom’s......
Alibaba, China's leading e-commerce company, has unveiled plans to invest over 380 billion yuan (approximately $53 billion USD) in its cloud computing and artificial intelligence infrastructure over the next three years. The investment represents the company's largest commitment to technological......
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