High-speed trains manufactured by Hyundai Rotem (Photo: a footage captured from Hyundai Rotem’s Youtube channel)
SEOUL, Feb. 26 (Korea Bizwire) — Hyundai Rotem Co., the train manufacturing subsidiary of South Korea’s Hyundai Motor Group, said Wednesday it has won a 2.2 trillion-won (US$1.53 billion) deal from Morocco to supply advanced trains to the North African nation.
Hyundai Rotem secured the contract to supply ONCF, Morocco’s national railway operator, with double-decker electric trains, the company said in a press release.
The deal marks Hyundai Rotem’s first entry into the Moroccan market and sets a new record as the company’s single largest railway supply deal.
Previously, the company’s biggest contracts included the Australian NIF double-decker train project worth 1.4 trillion won, the Australian Queensland train supply contract valued at 1.3 trillion won and the Los Angeles Metro train contract worth 900 billion won for the 2028 Los Angeles Summer Olympics.
The double-decker trains, capable of speeds of up to 160 kph, will connect Morocco’s largest city, Casablanca, with key regions, enhancing the country’s public transportation infrastructure ahead of the co-hosting of the 2030 FIFA World Cup.
Some components will be manufactured locally to contribute to Morocco’s railway industry development.
(Yonhap)
