Morocco’s National Railway Authority to transformed in shareholding company

Published April 1st, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The government of Morocco has decided to convert the National Railway Authority into a state-supervised shareholding company, which will run the railway transport sector, reported the official Xinhua news agency. The initiative is first of a future wave of privatization schemes to take place within Morocco’s air, land and sea transport sectors by 2010. 

 

The Moroccan railways system is 1,907-kilometers long, and transports 12 million passengers annually. Passengers traveling between Casablanca and Rabat constitute half of the overall railway users. — (menareport.com) 

© 2002 Mena Report (www.menareport.com)