Hyundai Rotem Eyes Morocco’s Ambitious 2040 Rail Expansion, Pledges Long-Term Investment

Jeong Hoon Kim, head of real solutions at Hyundai Rotem, has welcomed the business climate in Morocco. According to him, the country is becoming a key destination for foreign industrial investments. The manager is impressed by the development achieved by the Moroccan sectors in recent years and confides that Hyundai Rotem has been following the Moroccan market for ten years. Morocco has shown remarkable resilience in the face of the Covid-19 pandemic, said Hoon Kim. For him, the kingdom represents a "long-term strategic market for Hyundai Rotem".

Hoon Kim also mentioned the signing of a contract with the Moroccan National Railway Office (ONCF). In February, a contract was signed between Hyundai Rotem and ONCF for the delivery of two-level electric trains. This fund will be invested in the design of new trains reaching a speed of 160 kilometers per hour. The supply of these trains by the Korean company will contribute to connecting 40 cities and strengthening the inter-urban transport networks.

Hoon Kim also expressed his interest in Morocco’s 2040 Rail Plan, which he described as an "ambitious roadmap". The plan aims to expand Morocco’s rail network, and Hyundai Rotem is ready to actively contribute to the implementation of the program, he said. And he added: "This is a win-win cooperation model that we wish to replicate".