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French Alstom struck 550 million dh deal with moroccan railway company
Morocco-France, Business, 3/10/1999
The French group Alstom has struck a deal worth 550 million Dirhams with the Moroccan railway company (ONCF/state-owned) to set up a signaling system for the Moroccan railway network. Under the deal, financed up to 330 million DH in the frame of the French-Moroccan financial protocol, Alstom will supply and install the signaling system on the railway network. The works will be completed over 43 months.
The contract was signed on Monday in Rabat.
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