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Morocco plans infrastructure improvements

Article Date : Thursday, March 27, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Morocco's government is investing nearly £9 billion in improving its transport network, it has been revealed.

Homes Overseas reports that authorities are keen to upgrade its transport infrastructure in order to boost Morocco's economy.

More than £7 billion will be spent on improving ports, airports and roads, while £1.3 billion will go towards a planned high-speed rail service.

The new train link will connect Tangier and Casablanca, offering direct passage between the two cities in just two hours.

This is likely to significantly boost the property markets in both places, while towns along the route may also benefit from extra demand.

Morocco's government hopes that as well as strengthening the economy, the improvements may also attract more foreign investors to the country.

This comes after the Foreign Property Buyer website said that the government's plan to increase the number of visitors to Morocco over the next two years "bodes well" for its rental market.
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