Invest in Tangier Headlines
Thursday, 19 June 2008
Tangier To Benefit From New High Speed Rail Link
In a move that is sure to have a positive effect on future prices of Tangier properties, Morocco’s state railway company are planning to invest millions of Euros in a new high speed rail network. Initially, the massive investment project will link the vibrant port city of Tangier to Casablanca which is a major centre for commerce and industry.
Work is scheduled to start this year on the new rail link. When complete prices of Tangier properties to expected to rise due to demand from wealthy citizens of Casablanca looking for second homes in the north of the country. It can be confidently expected that the high speed line will see greater numbers of visitors passing through Tangier’s ferry port, further adding to the local economy.
The company also envisage that the improved transport links to the rest of Morocco will encourage more international corporations to join the growing numbers of businesses locating in Tangier free zone, thus further fuelling the demand for quality new-build Tangier properties.
This is the first phase of a project costing 100 billion Moroccan Dirhams (10 billion Euros). The project aims to increase rail usage from its present level of 52 million passengers, to 133 million by 2030.
According to Morocco’s state railway company (ONCF) Director Strategy & Development, Azzedine El Amraoui, the new line is required to increase Morocco’s network capacity and tackle congestion on existing routes.
He went on to explain: “Building these lines for high speed operation will improve the network’s competitiveness and support the increasing demands for mobility in a sustainable way”. When complete, the 1500 km network would comprise two main corridors: The Atlantic route connecting Tanger, Casablanca and Marrakech with Agadir and Laâyoune, and the Maghreb line from Rabat to Fès, Oujda and potentially Alger. El Amraoui continued: “The new rail lines will improve links between the north and south of the country, encourage economic development and support the tourist industry, as well as facilitating international integration”.
Construction work on the Tangier – Casablanca section of line is expected to commence in the second quarter of 2009, with the first two sections of 320km route totalling 370km to be completed by 2015.
The introduction of a high speed line will cut the Casablanca - Tangier journey time from 5 hours to 2 hours 10 min. The new line is expected to handle 8 million passengers per year.
Thanks to Moroccan Sands for the article
Labels:
High speed rail,
investment,
tangier
Wednesday, 4 June 2008
La Tangerina Hotel has stunning new web site
Was just checking back to my favourite little hotel in Tangier perched on top of the Kasbah and I noticed their new web site was up online.
The web site like the hotel is really something special with 360 virtual tours and a radio player that for anyone that's visited La Tangerina this front page only music selection will travel you back to mint tea and cakes in the foyer of this wonderful little hotel.
The Virtual Tours of all the rooms, roof terrace and excellent little Hamman really take the guess work out of reserving a room and I the photos throughout the whole site are excellent.
Bravo La tangerina and looking forward to seeing you soon.
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- La Tangerina in Tangier has 52 reviews