Alstom Signs EUR130 Million Train Contract in Morocco
By Nathan Allen
France's Alstom SA (ALO.FR) has signed a 130-million euro ($159.4 million) contract to supply 30 electric trains to ONCF, Morocco's national rail operator, it said Friday.
Alstom said it will manufacture the Prima M4 trains at its Belfort plant in France but its Morocco team will handle the after-sales service and maintenance.
Morocco has operated 20 Prima locomotives on its rail network since 2011, Alstom said.
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February 09, 2018 05:06 ET (10:06 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.