Latest news with #SabahAkadir
Zawya
05-05-2025
- Business
- Zawya
Morocco, China firms win $152mln rail tunnel deal
Morocco has awarded a project to build a 3.3-kilometre underground rail tunnel to a consortium comprising a local firm and a Chinese company. The rail which runs under Rabat city will be connected to the planned high-speed network linking the North-Western cities of Marrakesh and Kenitra. In a report on Monday, the Arabic language daily Sabah Akadir said the project has been awarded to an alliance of Moroccan SGTM Company and Sinohydro Bureau 5 of China, adding that the project cost is around $152 million. Morocco has been locked in a massive construction drive involving its rail, air and road transport networks as it braces to co-host FIFA World Cup games in 2030. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Zawya
22-04-2025
- Business
- Zawya
Morocco to build new airport in Casablanca
Morocco is planning to build a new civilian airport in the North-western Atlantic port of Casablanca as part of a massive national logistics expansion programme, the Arab country's Transport Minister has said. Abdul Samad Qayuh said the new airport would cost nearly 28 billion Moroccan dirhams ($3 billion) and would be linked by a new road network and high-speed trains which are being developed for the 2030 World Cup games. Qayuh, quoted by Sabah Akadir and other local publications, said the project is also intended to cope with planned expansion of the national airlines. 'The plans include new long-distance destinations and doubling the airline's fleet to more than 100 aircraft at the end of this decade,' he said. He also said the plan includes expansion of the airports in Rabat and other cities to brace for the 2030 games. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Zawya
07-04-2025
- Business
- Zawya
Morocco to invite bids for 3 power projects
Morocco intends to invite bids for the construction of three new gas turbine power plants with a combined output capacity of 300-450 megawatts (MW), press reports said on Monday. One project is located in the South-western Kenitra city while the other two plants will be built in Mohammedia in West Morocco and Ain Bani Mathar in the East, the Arabic language daily Sabah Akadir said. It quoted officials as saying the projects are expected to be completed in the summer of 2026 and are part of a plan to expand clean energy sources in Morocco. The three contracts to be awarded by the National Office for Electricity and Drinking Water (ONEE) include designing, construction, equipment supply and operation, the paper said. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Zawya
03-03-2025
- Business
- Zawya
FIFA World Cup hosting spurs massive projects in Morocco
Morocco has mounted an unprecedented construction campaign to develop its rail, roads and other infrastructure facilities as it prepares to co-host the FIFA World Cup games along with Spain and Portugal in 2030. Development projects cover nearly 35 cities and investments could exceed $34 billion in such projects over the next five years, according to Morocco's Sabah Akadir newspaper, which cited a government report. 'About 35 cities and towns will benefit from the development and infrastructure projects which will be executed in preparation for the World Cup,' Equipment and Water Minister Nizar Baraka told Parliament last month. 'The projects are not confined only to cities where the games will be staged but other places as well…they cover rail, roads, power, transport and other sectors.' In a report in late 2024, the Transport Ministry said spending on projects would be increased by around 42 percent annually until 2030, adding that investments could top 64 billion Moroccan dirhams ($6.5 billion) in 2025. According to Transport Minister Abdul Samad Qauyh, rail projects launched two years ago are the biggest in Morocco's history and they would expand train transport capacity from 53 million in 2024 to more than 55 million passengers in 2025 and nearly double that number by the end of 2030. 'The government has allocated nearly MAD85 billion ($8.6 billion) for rail projects which include electrical trains and high-speed trains,' he told Parliament last month. He said MAD 53 billion ($5.4 billion) would be spent on the high-speed rail project and around MAD 29 billion ($2.9 billion) on the purchase of new trains. The rest will be allocated for the construction of 40 new train stations, he added. Qayuh said around MAD 42 billion ($4.2 billion) would also be invested in airport expansions until 2030, adding that the plan includes modernisation and expansion of major airports, including Casablanca, Rabat, Tangier, Marrakesh, Fez, Tetouan and Agadir. The Casablanca airport will be upgraded to accommodate 44 million passengers annually, while a new terminal with capacity for 4 million passengers annually will be built at Rabat-Sale, the Minister said. Royal Air Maroc, Morocco's largest airline, will also expand its fleet to meet the rising travel demand in the next few years, he added. In statements in December, Qayuh said Morocco needs 168 trains to face a steady business growth and serve new and expanded rail networks. He said 150 trains would be deployed in urban areas and 18 would serve high speed networks. Morocco's national railway operator said last week that it has awarded contracts to South Korean, Spanish and French companies for the purchase of up to 168 new trains. The contracts, worth an estimated MAD29 billion ($2.9 billion) were awarded after a year-long international competition and include agreements with Hyundai Rotem (South Korea), CAF (Spain), and Alstom (France and Morocco). (Writing by Nadim Kawach; Editing by Anoop Menon)
Zawya
21-02-2025
- Automotive
- Zawya
Hyundai set to win Morocco 150-train order
South Korea's rail manufacturer Hyundai Rotem is close to winning a large contract for the supply of 150 trains to Morocco, a local newspaper reported on Friday. The contract includes supplying 40 intercity trains, 60 high-speed trains, and 50 regional trains, with a 20-year maintenance commitment, Sabah Akadir said. Other bidders included the French Alstom, Talgo of Spain, and the Chinese CRCC, it said. 'Hyundai's bid featured an offer to establish a local factory to transfer technology and boost the railway industry in Morocco,' it added. According to the report, Alstom maintains its position in the high-speed train sector after being selected to supply Morocco with 18 high-speed trains last year. Morocco has embarked on a massive project to expand its rail network as it prepares for co-hosting the Football world cup in 2030. (Writing by Nadim Kawach; Editing by Anoop Menon) (
