New Casablanca Tramway to Cost $800m

The construction works for a tramway in the Moroccan metropolis, Casablanca, which were launched Tuesday by King Mohammed VI, will cost 6.4 billion dirham ($800 million), reliable sources told APA.

50 TV Channels to Cover Moroccan City Weather Forecast

More than 100 million viewers can now keep up to date about the weather of the Moroccan tourist resort town of Agadir in the south-west, with 50 channels providing this service as of Friday. The weather imagery of the Atlantic city, a major Moroccan tourist...

European Investment Bank Grants 2.6 Billion Dirham Loan to Morocco for Highway Projects

The European Investment Bank (BEI) has granted a 2.6 billion dirham loan (250 million Euros) to Morocco for the financing of highway projects in the country. The loan is dedicated to a three-lane construction of the 57-km highway between Casablanca and...

Morocco Launches Haliopolis, a Major Water Resources Industrial Park Project

Morocco has launched a major water resources industrial park for an overall investment of 6.6 billion dirham (US$800 million). The country’s biggest project, “Haliopolis” which first phase is billed for 2010, is expected to create 13,000 direct...

Automotive Industry to Strengthen Romanian-Moroccan Cooperation

Morocco and Romania said Monday that they were ready to strengthen their industrial cooperation particularly in motor vehicle construction with it set to become a “true model” of partnership. The Romanian Minister for SMEs, Trade and Business...

Morocco to Spend $1b on Airports By 2012

Morocco plans to spend 8.6 billion dirhams ($1 billion) by 2012 to develop its airports, APA learned during the air transport forum dubbed “Routes Africa” held Monday in Marrakech in the central part of the country. The capacity of the country’s...