Morocco is first African country to run high-speed train

Published on : Saturday, January 21, 2017

moroccoThe first high-speed train to operate in Africa arrived at the Moroccan port of Tangier. The French-made double-decker TGVs are tested ahead of the launch of a flagship new line connecting Tangier with Morocco’s economic capital Casablanca in 2018.

 

 

These new trains can move at a speed of 200 miles per hour and is expected to cut the journey time between the two cities by more than half — to just over two hours.

 

 

The train project is approximately of $2 billion and was funded by Morocco, France, Saudi Arabia, Kuwait, and the UAE government.

 

 

King Mohammed VI and the Moroccan government expect the trains to deliver wealth and prestige for the country but the opponents have claimed it to be an expensive affair.

 

 

These high-speed train are a part of a wider program of infrastructure spending in Morocco, and is inclusive of the world’s largest solar power plant and several major ports, are intended to stimulate a sluggish economy.

 

 

The African Development Bank in its “Economic Outlook 2016” for Morocco reported that the Government is continuing its reforms and major investments to improve the business climate and attract foreign investors.

 

 

Specially, the Tangiers-Casablanca route is expected to generate a sharp increase in passenger numbers that will boost tourism. It will support wider economic growth in the cities, and recoup the investment on it. Mohamed Rabie Khlie, director general of national rail operator ONCF said that they aim at six million passengers a year after three years of commercial operation, instead of three million currently.

 

 

However, looking at the riskier sides, Zouhair Ait Benhamou, an economic analyst at the Financia Business School in France said that the new trains carry risks as well as rewards. This is because the ONCF business model is based on the French model in which trains are heavily subsidized. So, if the number of passengers does not materialize in two to three years, the government will have to provide subsidies.


(No Like Yet)

Related Posts

Tags: ,

Comments are closed.

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 06 ITB Asia 2020
  • 12 ITE Hong Kong 2020
  • 13 IMEX 20
  • 16 FHC 2020
  • 16 G&A 2020
  • 16 ITB asia 2020
  • 16 TAAPE 2020
  • 17 AAA-banner 2020
  • 18 WCTIE 2020
  • 20 GWS-2020
  • 23 emitt 21
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. Forum de l’Investissement Hôtelier Africain

      July 7 - July 9
    2. DRT SHOW SHANGHAI

      July 17 - July 19
    3. SHANGHAI WORLD TRAVEL FAIR (SWTF)

      July 30 - August 2
    4. IT&CM CHINA 2020

      August 3 - August 5
    5. Asia Amusement & Attractions Expo 2020

      August 4 - August 6
Get our toolbar!
Review www.travelandtourworld.com on alexa.com