Morocco plans to spend about MAD8 billion ($850 million) on infrastructure projects this year as it prepares to co-host the Fifa World Cup in 2030, its transportMorocco plans to spend about MAD8 billion ($850 million) on infrastructure projects this year as it prepares to co-host the Fifa World Cup in 2030, its transport

Morocco to invest extra $850m in World Cup transport links

2026/04/08 17:51
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Morocco plans to spend about MAD8 billion ($850 million) on infrastructure projects this year as it prepares to co-host the Fifa World Cup in 2030, its transport minister said.

The 2026 projects cover airport expansion and development, ports, roads and rail, said Abdul Samad Qayuh in comments published by Morocco’s official news agency on Tuesday.

The minister said $4 billion had been awarded to 148 infrastructure projects in 2025 and more funds would be allocated in this year’s budget. Morocco is expecting a massive influx of visitors for the 2030 tournament, which it is hosting with Spain and Portugal.

The projects include a high-speed train line linking Morocco’s main northwestern cities.

“We expect to finalise nearly 151 new projects this year worth around MAD8 billion,” said Qayuh. “Most of them are for rail projects.”

Last October, Morocco’s economy and finance minister Nadia Alaoui said the cabinet had approved $41 billion of infrastructure spending in the run-up to the World Cup.

“This big investment effort will be directed at funding infrastructure projects in various sectors and areas,” she told parliament.

“Priority will be given to the execution of transport and logistics projects with an emphasis on speeding up airport construction and expansion, bolstering the national airline’s fleet and completion of rail projects, mainly the high-speed train project.”

Further reading:

  • Morocco tourism jumps as World Cup approaches
  • Morocco gets $316m loan for airport upgrades
  • Opinion: Rabat is piling on debt in hope of World Cup windfall
Market Opportunity
Railgun Logo
Railgun Price(RAIL)
$1.4757
$1.4757$1.4757
+1.30%
USD
Railgun (RAIL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Share
BitcoinEthereumNews2025/09/17 23:55
Zelenskyy warns Russia aims to involve Belarus in Ukraine conflict

Zelenskyy warns Russia aims to involve Belarus in Ukraine conflict

The post Zelenskyy warns Russia aims to involve Belarus in Ukraine conflict appeared on BitcoinEthereumNews.com. Zelenskyy said Russia is trying to draw Belarus
Share
BitcoinEthereumNews2026/04/18 11:12
Bitcoin, Gold, and U.S. Stocks Dive as Trump Pledges to Hit Iran ‘Extremely Hard’

Bitcoin, Gold, and U.S. Stocks Dive as Trump Pledges to Hit Iran ‘Extremely Hard’

The post Bitcoin, Gold, and U.S. Stocks Dive as Trump Pledges to Hit Iran ‘Extremely Hard’ appeared on BitcoinEthereumNews.com. In brief Bitcoin dropped Thursday
Share
BitcoinEthereumNews2026/04/02 17:57

USD1 Genesis: 0 Fees + 12% APR

USD1 Genesis: 0 Fees + 12% APRUSD1 Genesis: 0 Fees + 12% APR

New users: stake for up to 600% APR. Limited time!