NGE President Jean Bernadet says the Kenitra-Marrakech project will help Morocco “address the challenges of ecological transition, particularly by developing low-carbon mobility infrastructure.”
Project developer has spent $36 billion on the continuing London-Birmingham phase and $2.2 billion on canceled phases. Closing down canceled work will add another $130 million.
The project was budgeted to cost $57 billion at 2019 prices, but an executive says poor planning and construction cost inflation are impacting the price.
