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Morocco unveils $9 billion railway modernization plan through 2030

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......

Morocco's Economic Pulse: Domestic Demand Drives Growth Amid Infrastructure Push

Morocco's domestic demand demonstrated remarkable strength in the fourth quarter of 2024, posting a 5.4% increase and emerging as a key driver of the nation's economic expansion, according to Morocco's High Commission for Planning (HCP). This robust domestic performance contributed significantly......

Microsoft Unveils $80 Billion Investment Plan for AI Infrastructure

Microsoft has announced plans to invest $80 billion in artificial intelligence data centers through the end of the current fiscal year, marking one of the largest infrastructure commitments in the technology sector. According to a blog post by Microsoft President Brad Smith, more than half of this substantial......

Major Logistics Hub Launches in Casablanca with $29.7 Million Investment

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......

Morocco's Ambitious Road Infrastructure Plan: Aiming for 67% Optimal Conditions by 2027

In a significant stride towards enhancing its road infrastructure, Morocco has set an ambitious target to upgrade 67% of its roads to optimal condition by 2027. This initiative, spearheaded by the Minister of Equipment and Water, Nizar Baraka, aims to address regional disparities and improve overall......

Morocco Showcase Summit: A Gateway to Tourism and Investment Opportunities

The inaugural Morocco Showcase Summit: Tourism, Hospitality, Invest is set to take place on November 19-20 at the Marriott Hotel in Casablanca, bringing together a diverse group of international investors, developers, financiers, and hospitality leaders. This summit aims to delve into the myriad opportunities......

Morocco Unveils $735 Million Highway Expansion Plan Ahead of 2030 World Cup

Morocco is set to dramatically expand its motorway infrastructure through a comprehensive MAD 7.74 billion ($735 million) investment plan spanning 2025-2027. The initiative aims to add 1,000 kilometers of new highways to the nation's transportation network, strengthening its position as home to Africa's......

British Firms Eye Lucrative Opportunities as Morocco Prepares for 2030 World Cup

A delegation of 12 British companies is set to visit Morocco from October 15-17, 2024, exploring potential partnerships as the North African nation gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal. This initiative, announced by John Humphrey, the UK Trade Commissioner for Africa,......

Morocco's Economic Resilience Shines Despite Infrastructure and Social Pressures

Morocco's economy continues to demonstrate remarkable stability and resilience in the face of significant challenges, according to a recent report by Moody's Investors Service. The international credit rating agency has affirmed Morocco's Ba1 long-term issuer and senior unsecured debt ratings,......