@CITIZENTV

Morocco to get Africa’s first high-speed train

1 months ago, 15 Nov 19:43

By: Cnn

French President Emmanuel Macron and Morocco’s King Mohammed VI are expected to inaugurate Africa’s first high-speed train line on Thursday.

These high-speed trains are flashing along the Atlantic coast of Morocco.

The French-made double-decker TGVs are being tested today ahead of the launch of a flagship new line connecting Tangier with Morocco’s economic capital Casablanca in November.

The new trains are made by manufacturer Alstom and can reach speeds of 200 miles per hour. They will cut the journey time between the two cities by more than half — to just over two hours. This is double the speed of South Africa’s Gautrain, launched in 2012, which falls short of the criteria for high-speed rail.

The $2 billion project has been in development for a decade, funded by the governments of Morocco, France, Saudi Arabia, Kuwait, and the UAE.

King Mohammed VI and the Moroccan government expect the trains to deliver wealth and prestige for the country. But opponents claim they are an expensive folly.

Speculate to accumulate

High-speed trains fit within a wider program of infrastructure spending in Morocco, including the world’s largest solar power plant and several major ports, that is intended to stimulate a sluggish economy.

“The Government is continuing its reforms and major investments to improve the business climate and attract foreign investors,” reported the African Development Bank in its “Economic Outlook 2016” for Morocco.

The Tangiers-Casablanca route is expected to generate a sharp increase in passenger numbers that will boost tourism, support wider economic growth in the cities, and recoup the investment on it.

“We aim at six million passengers a year after three years of commercial operation, instead of three million currently,” said Mohamed Rabie Khlie, director general of national rail operator ONCF, in a recent interview with Le Monde. “This should enable us to achieve an operating margin that far exceeds that of conventional trains and will justify the development.”

The director general went on to add that growing passenger numbers had caused “saturation of the network,” making the new line a necessity.

He denied that an upgraded service would lead to high costs for passengers.

“We will run trains intended for Moroccans and thus adapted to the purchasing power of Moroccans,” said Khlie. “We do not want a train reserved for high-end customers.”

Risk and reward

The new trains carry risks as well as rewards, according to Zouhair Ait Benhamou, an economic analyst at the Financia Business School in France.

“The ONCF business model is based on the French model in which trains are heavily subsidized,” he says. “If the number of passengers does not materialize in two to three years, the government will have to provide subsidies.”

The government will hope to stimulate new economic activity in areas along the route, according to the analyst.

“I suspect there are some places the government wants to develop as new tourist areas,” says Benhamou.

“They could also attract an automaker to build a facility. Peugeot is thinking about creating a plant in Kenitra, and if the high speed train goes through this city it would create a logistics hub for them.”

The new ...
Read More


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@CITIZENTV

Morocco to get Africa’s first high-speed train

1 months ago, 15 Nov 19:43

By: Cnn

French President Emmanuel Macron and Morocco’s King Mohammed VI are expected to inaugurate Africa’s first high-speed train line on Thursday.

These high-speed trains are flashing along the Atlantic coast of Morocco.

The French-made double-decker TGVs are being tested today ahead of the launch of a flagship new line connecting Tangier with Morocco’s economic capital Casablanca in November.

The new trains are made by manufacturer Alstom and can reach speeds of 200 miles per hour. They will cut the journey time between the two cities by more than half — to just over two hours. This is double the speed of South Africa’s Gautrain, launched in 2012, which falls short of the criteria for high-speed rail.

The $2 billion project has been in development for a decade, funded by the governments of Morocco, France, Saudi Arabia, Kuwait, and the UAE.

King Mohammed VI and the Moroccan government expect the trains to deliver wealth and prestige for the country. But opponents claim they are an expensive folly.

Speculate to accumulate

High-speed trains fit within a wider program of infrastructure spending in Morocco, including the world’s largest solar power plant and several major ports, that is intended to stimulate a sluggish economy.

“The Government is continuing its reforms and major investments to improve the business climate and attract foreign investors,” reported the African Development Bank in its “Economic Outlook 2016” for Morocco.

The Tangiers-Casablanca route is expected to generate a sharp increase in passenger numbers that will boost tourism, support wider economic growth in the cities, and recoup the investment on it.

“We aim at six million passengers a year after three years of commercial operation, instead of three million currently,” said Mohamed Rabie Khlie, director general of national rail operator ONCF, in a recent interview with Le Monde. “This should enable us to achieve an operating margin that far exceeds that of conventional trains and will justify the development.”

The director general went on to add that growing passenger numbers had caused “saturation of the network,” making the new line a necessity.

He denied that an upgraded service would lead to high costs for passengers.

“We will run trains intended for Moroccans and thus adapted to the purchasing power of Moroccans,” said Khlie. “We do not want a train reserved for high-end customers.”

Risk and reward

The new trains carry risks as well as rewards, according to Zouhair Ait Benhamou, an economic analyst at the Financia Business School in France.

“The ONCF business model is based on the French model in which trains are heavily subsidized,” he says. “If the number of passengers does not materialize in two to three years, the government will have to provide subsidies.”

The government will hope to stimulate new economic activity in areas along the route, according to the analyst.

“I suspect there are some places the government wants to develop as new tourist areas,” says Benhamou.

“They could also attract an automaker to build a facility. Peugeot is thinking about creating a plant in Kenitra, and if the high speed train goes through this city it would create a logistics hub for them.”

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