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
Global Banking & Finance Awards 2026 — Call for Entries

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

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

Which 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.
What is the total investment amount for the train purchase?
The total investment for the purchase of 168 trains is $2.9 billion.
Who reported on the train procurement deal?
The information about the train procurement deal was reported by Ahmed Eljechtimi for Reuters.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category