Morocco to buy 168 trains from France, Spain and South Korea for $2.9 billion
Published by Global Banking & Finance Review®
Posted on February 26, 2025
1 min readLast updated: January 25, 2026
Published by Global Banking & Finance Review®
Posted on February 26, 2025
1 min readLast updated: January 25, 2026
Morocco's ONCF is buying 168 trains for $2.9 billion from France, Spain, and South Korea to expand rail networks for the 2030 World Cup.
RABAT (Reuters) - Morocco's state-owned rail operator ONCF said on Wednesday France's Alstom, Spain's Construcciones y Auxiliar de Ferrocarriles (CAF) and South Korea's Hyundai Rotem had won tenders to supply 168 trains of different types. The train acquisition programme is part of a Moroccan push to expand its high-speed and urban rail networks ahead of the World Cup it will co-host with Spain and Portugal in 2030.
(Reporting by Ahmed Eljechtimi; Editing by Peter Graff)
Morocco's state-owned rail operator ONCF announced that France's Alstom, Spain's Construcciones y Auxiliar de Ferrocarriles (CAF), and South Korea's Hyundai Rotem have won the tender to supply the trains.
The total investment for the purchase of 168 trains is $2.9 billion.
The information about the train procurement deal was reported by Ahmed Eljechtimi for Reuters.
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