Spanish Treasury set to finance Alstom’s Casablanca tramway contract
Jeune Afrique Business+ reveals the details of the rolling stock contract for the forthcoming T3 and T4 lines, featuring financing from Madrid, a partial production in Fez, and assembly in Barcelona.
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▪ Spanish Treasury set to finance Alstom’s Casablanca tramway contract
▪ Jeune Afrique Business+ reveals the details of the rolling stock contract for the forthcoming T3 and T4 lines, featuring financing from Madrid, a partial production in Fez, and assembly in Barcelona.
▪ https://www.africabusinessplus.com/en/805851/spanish-treasury-set-to-finance-alstoms-casablanca-tramway-contract/
Following an international call for tenders, Casa Transports, Casablanca’s public transport organising authority, has chosen French company Alstom for the carriages needed to extend the city’s tramway. On top of this, “the Spanish Treasury is going to finance the entire contract,” to the tune of €129m, Raphaël Bernardelli, Alstom’s Director for North and Central Africa, told Jeune Afrique Business+. In a new call for tenders launched in 2014 after the abandonment of an overhead metro project, Alstom was, in the final phase, pitted against its Spanish competitor CAF. However, both benefited from the financial support of the Spanish government.
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