Rabat, September 3, 2024 – Delta Holding, a prominent Moroccan construction and industrial group, has secured a significant contract to develop a key segment of the Rif Highway. This ambitious project, stretching along the scenic Mediterranean coast, is expected to enhance connectivity and stimulate economic growth in the region.

The contract, awarded to Delta Holding’s subsidiary, Grands Chantiers Routiers, marks a major milestone in the company’s long-standing commitment to infrastructure development. The highway will play a crucial role in linking northern Morocco to the rest of the country, improving access to remote areas, and boosting tourism and trade.

Strategic Importance of the Project

The Rif Highway is part of Morocco’s broader strategy to modernize its road network and support regional development. Running parallel to the Mediterranean coastline, the highway will not only serve as a vital transportation corridor but also as a catalyst for the socioeconomic advancement of the Rif region. The project is particularly significant for its potential to unlock the economic potential of previously isolated communities, paving the way for new business opportunities and investments.

Delta Holding’s Expertise and Vision

The Fahim family, owners of Delta Holding, have overseen the group’s growth into one of Morocco’s leading construction and industrial entities. With a diverse portfolio that includes infrastructure, energy, and industry, Delta Holding has established itself as a key player in Morocco’s development landscape.

Grands Chantiers Routiers, the subsidiary directly handling the Rif Highway project, brings extensive experience in road construction, having successfully completed several major projects across the country. Their involvement in the Rif Highway is expected to uphold the company’s reputation for delivering high-quality infrastructure on time and within budget.

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Financial Aspects

While the exact financial details of the contract have not been disclosed, industry insiders estimate the project to be valued at several hundred million Moroccan dirhams. This investment underscores the Moroccan government’s commitment to infrastructure development as a cornerstone of economic policy. The Rif Highway, with its anticipated positive impact on trade, tourism, and local development, represents a significant return on investment for both the government and Delta Holding.

Conclusion

Delta Holding’s involvement in the Rif Highway project reaffirms its leadership in Morocco’s construction sector. As the project progresses, it is expected to bring substantial benefits to the region, aligning with Morocco’s broader goals of enhancing national infrastructure and promoting regional development.

For more updates on the project and other major infrastructure developments in Africa, stay tuned to PanAfrican.Email.

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Note: Financial figures and additional details will be provided as they become available.