KFW Bank will lend 202 million euros to the Moroccan state operator to develop the Casablanca network.
The Moroccan National Railways (ONCF) received 202 million euros from funding from the German Development Bank KFW to update the rail network in Greater Casablanca.
The loan will improve access to basic employment and services by enhancing public transport in Casablanca, while enhancing the ONCF network in the region.
This announcement comes after the World Bank agreed to a $ 350 million loan in June, to support a improvement program between Métropolitain (Sir), which aims to upgrade suburban lines in Casablanca.
The project aims to upgrade about 73 km from the existing lines, including electricity and resignation, from the Casablanca Center to Zezata, Muhammad to the east, Nawasor and Bozura to the south.
Each of the financing packages is in line with Morocco’s carbon removal strategy, urban public transport systems, with the presence of railways as a major engine for green transport initiatives. The country is moving forward with a number of railway projects, including high -speed lines, which aim to finish participating in hosting the FIFA World Cup with Spain and Portugal in 2030.
