Morocco, European Investment Bank agree on financing rail infrastructure renewal


  • World
  • Thursday, 10 Nov 2022

RABAT, Nov. 9 (Xinhua) -- Morocco and the European Investment Bank (EIB) on Wednesday signed an agreement on financing the North African country's rail infrastructure renewal, official news agency MAP reported.

The loan totalling 200 million U.S. dollars will support Morocco's national rail operator ONCF in renewing and modernizing the existing 2,300-km rail network, the MAP report said.

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