Property Borders News Article
Fès, Jan. 18 - King Mohammed VI launched, on Thursday from the central city of Fès, double-deck trains that are to be used in Moroccan railroads network.
Twenty-four double-deck trains were purchased by Morocco for a global sum of USD 233Mn to respond to the increasing demand for this means of transportation and improve the travel quality.
The sovereign also launched large-scale railroad projects, consisting in building a new train station and duplicating the Fès-Meknès track.
The construction works of the USD 7Mn new station of Fès are expected to last for 18 months, whereas the Fès-Meknès track duplication on 57 Km will cost USD 151 Mn.
A total of USD 1.8Bn was earmarked by the Office National des Chemins de Fer (ONCF) to these major projects that will be carried out over 2005-2009. This ambitious investment program aims at increasing the efficiency of railroad services and boosting social and economic conditions.
Later on, King Mohammed launched the second phase of liquid sanitation network upgrading, worth USD 2.3Mn, and has enquired about the progress of a USD 81.7Mn water purification station.
This station, which will be operational by the end of 2009, will contribute to enhance river water quality and to strengthen the current purification stations network.
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