King chairs signing ceremony of agreements to build high-speed train

09 December 2010 Printable Version

Tangier - HM King Mohammed VI chaired, on Monday in the northern city of Tangier, the signing ceremony of the 2010-2015 programme contract and an agreement on the financing of the High-Speed Train project between Tangier and Casablanca.

The programme contract is part of the government's action plan that provides for promoting the economic and social development through strengthening and upgrading major infrastructure networks.

The High-Speed Train (HST) project is funded by the state (4.8 billion dirhams), the Hassan II Fund for Economic and Social Development (1 billion dirhams), French and European donations (1.9 billion dirhams) and loans with favorable terms and conditions (12.3 billion dirhams).

The Casablanca-Tangier High-Speed Train will reduce travel time between the two cities from 4h45min to 2h10min.

The building works of the HST will start on June 2010 and the Train will be operational by December 2015.

Last modified : 09 December 2010