ADFD finances high-speed train in Morocco worth AED147 million

Abu Dhabi Fund for Development (ADFD) signed a concessionary loan agreement to the tune of AED147 million with the Office Nationale des Chemins de Fer du Maroc (ONCFM), Morocco’s national railway operator, to finance the construction of a high-speed train; bridging the gap between the cities of Tangier and Kenitra.