Rabat, Morocco (TMT)- Morocco’s Minister for Equipment, Transport and Logistics, Aziz Rebbah said that the north African kingdom will be investing DH 2.6 billion to expand the country’s roads infrastructure, the second best in Africa, only behind South Africa.
The decision came following the Fund’s Board of Directors for road financing (known by its French acronym CFR), chaired by Aziz Rabbah, setting an investment budget of said amount for 2016.
The amount represents an increase of 112% compared to last year.
This investment is part of the CFR’s implementation of the “national program of modernization of Morocco’s road network.”
It is worth reminding that Morocco’s existing road network extends to around 62,000 kilometers.
The Moroccan Times.
