Asia Business Headlines Morocco

Morocco’s ONCF & Korea’s Hyundai Rotem Agree to Set up Railway Maintenance JV

Morocco’s national railway operator, ONCF, has strengthened its industrial partnership with South Korea’s Hyundai Rotem company. The two partners signed on Thursday a $487 million railway maintenance deal, building on a major rolling-stock contract sealed last year between the two parties. Under the agreement, Hyundai Rotem and ONCF have agreed to set up a joint […]