{"id":83430,"date":"2024-12-30T00:00:00","date_gmt":"2024-12-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/30\/morocco-to-invest-usd-2-5-bn-in-casablanca-airport\/"},"modified":"2024-12-30T00:00:00","modified_gmt":"2024-12-30T00:00:00","slug":"morocco-to-invest-usd-2-5-bn-in-casablanca-airport","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/30\/morocco-to-invest-usd-2-5-bn-in-casablanca-airport\/","title":{"rendered":"Morocco to invest USD 2.5 bn in Casablanca Airport"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco plans to invest some MAD 25 bn (c. <\/strong><strong>USD 2.5 bn<\/strong><strong>) <\/strong><strong>in its Mohamed V International Airport in Casablanca to triple its capacity by 2029<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.transport.gov.ma\/Actualites\/Pages\/Actualites.aspx?IdNews=4189\" style=\"\" rel=\"noopener\">statement<\/a> released last week after a parliamentary session. The expansion efforts will boost the airport\u2019s capacity from 15 mn passengers to 45 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How will they do it?<\/strong> A new 7 sqkm terminal will be constructed at the airport, serving as the home base for Royal Air Maroc\u2019s fleet, which is planned to expand from 50 to 250 aircraft by 2033, <a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/12\/367205\/casablanca-airport-pledges-to-reduce-waiting-time-announces-4-billion-terminal\" style=\"\" rel=\"noopener\">Morocco World News<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s more in the pipeline: <\/strong>The investment comes as a part of a bigger USD 4 bn plan to expand the country\u2019s airport capacity in preparation for co-hosting the 2030 FIFA World Cup.<\/p>\n<ul>\n<li><strong>Rabat-Sal\u00e9 airport: <\/strong>Morocco is investing MAD 2 bn into the airport to boost its passenger capacity to 5 mn by the end of 2025.<\/li>\n<li><strong>Tangier airport: <\/strong>Some MAD 3 bn will be plugged into the airport to increase its passenger capacity from 3 mn to 7 mn by 2029.<\/li>\n<li><strong>Marrakech Airport: <\/strong>It will grow from 9 to 16 mn passengers by 2029 with a MAD 3 bn investment.<\/li>\n<li><strong>Agadir Airport: <\/strong>The airport\u2019s passenger capacity will double to 7 mn passengers by 2029 with an investment of MAD 2.5 mn.<\/li>\n<li><strong>Fez Airport: <\/strong>The planned expansion will boost its passenger capacity from 2 mn to 5 mn passengers by 2029 with MAD 1.5 mn.<\/li>\n<li><strong>Tetouan Airport: <\/strong>Passenger Capacity will see an increase from 150k to 1 mn by 2026 with MAD 300 mn.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Morocco announced earlier this month an initial <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/582290f9-f271-4825-8475-dc0634765c34\/today:-more-lng-trade-for-qatarenergy-%2B-here%25e2%2580%2599s-what-we-know-about-turkey-china%25e2%2580%2599s-two-ports-one-road-agreement\" style=\"\" rel=\"noopener\">plan<\/a> to increase its overall airport capacity from 38 mn to 80 mn passengers by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new 7-square-kilometer terminal will be constructed at the airport to be the home base for the Royal Air Maroc\u2019s fleet, which is planned to expand from 50 to 250 aircraft by 2033.<\/p>\n","protected":false},"author":1,"featured_media":83431,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[177],"tags":[145,44,150],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation","tag-aviation","tag-investment-watch","tag-morocco","wpautop","entry"],"acf":{"mongo_id":"c507d89e-02d2-44b7-8c24-5496ce1c8d13","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1741.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Morocco to invest USD 2.5 bn in Casablanca Airport","related_issue":[83415],"teaser":"A new 7-square-kilometer terminal will be constructed at the airport to be the home base for the Royal Air Maroc\u2019s fleet, which is planned to expand from 50 to 250 aircraft by 2033.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.59c3d6ec-d73f-4f0c-9c1a-333a3c8d0900.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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