Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Morocco to buy 168 trains from France, Spain and South Korea for $2.9 billion
    Finance

    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 read

    Last updated: January 25, 2026

    Add as preferred source on Google
    Morocco to buy 168 trains from France, Spain and South Korea for $2.9 billion - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Transportation Sectorinvestmentinternational capitalfinancial communityeconomic benefits

    Quick Summary

    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.

    Morocco Invests $2.9 Billion in 168 Trains from France, Spain, and South Korea

    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)

    Key Takeaways

    • •Morocco is investing $2.9 billion in new trains.
    • •168 trains will be supplied by France, Spain, and South Korea.
    • •The purchase supports Morocco's rail expansion for the 2030 World Cup.
    • •ONCF is the state-owned rail operator managing the deal.
    • •The deal involves Alstom, CAF, and Hyundai Rotem.

    Frequently Asked Questions about Morocco to buy 168 trains from France, Spain and South Korea for $2.9 billion

    1Which companies are supplying the trains to Morocco?

    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.

    2What is the total investment amount for the train purchase?

    The total investment for the purchase of 168 trains is $2.9 billion.

    3Who reported on the train procurement deal?

    The information about the train procurement deal was reported by Ahmed Eljechtimi for Reuters.

    More from Finance

    Explore more articles in the Finance category

    Image for M&S targets faster fashion cycle with launch of monthly capsules
    M&s Targets Faster Fashion Cycle With Launch of Monthly Capsules
    Image for Submit Your Nominations for CFO of the Year 2026
    Submit Your Nominations for CFO of the Year 2026
    Image for EU not doing enough to unblock cross-border services, auditors say
    EU Not Doing Enough to Unblock Cross-Border Services, Auditors Say
    Image for Austrian lower house paves way for measures to counter rising fuel prices
    Austrian Lower House Paves Way for Measures to Counter Rising Fuel Prices
    Image for Novo Nordisk cuts Wegovy price in South Africa for a second time
    Novo Nordisk Cuts Wegovy Price in South Africa for a Second Time
    Image for Italy hopes to receive more gas from Algeria, Meloni says
    Italy Hopes to Receive More Gas From Algeria, Meloni Says
    Image for EU review of France nuclear plan expected to progress swiftly, French official says
    EU Review of France Nuclear Plan Expected to Progress Swiftly, French Official Says
    Image for Soaring costs prompt French farmers to reconsider sowings
    Soaring Costs Prompt French Farmers to Reconsider Sowings
    Image for Greenland independence party wins seat in Danish parliament at key moment
    Greenland Independence Party Wins Seat in Danish Parliament at Key Moment
    Image for Exclusive-At least 40% of Russia's oil export capacity halted, Reuters calculations show
    Exclusive-At Least 40% of Russia's Oil Export Capacity Halted, Reuters Calculations Show
    Image for Hungary's opposition Tisza party widens lead over Orban's Fidesz, poll says
    Hungary's Opposition Tisza Party Widens Lead Over Orban's Fidesz, Poll Says
    Image for Germany's Merz says public finances cannot offset all price rises from Iran war
    Germany's Merz Says Public Finances Cannot Offset All Price Rises From Iran War
    View All Finance Posts
    Previous Finance PostAerCap CEO Sees Mixed Russia Outlook if and When Market Reopens
    Next Finance PostRussian Banker Kim Boosts Car Leasing, Finance Portfolio With Vw Bank Buy