Rabat – Morocco is studying a cable car project to link Morocco’s twin cities of Rabat and Sale.
Mohamed Sadiki, Mayor of Rabat received Kader Hassan, the central investment officer of the Africa50 group and his colleague Mouna Aziz. The mayor discussed the idea of the cable car project on October 1 during his meeting with the two officials.
During the meeting, Hassan said that Africa 50, a group specialized in infrastructure on the continent, is planning to carry out the project which seeks to link between the two banks of the Bouregreg river through cable cars, the news website for the Justice and Development Party (PJD) reported.
The group, according to PJD, is collecting data to launch a preliminary feasibility study.
Sadiki expressed satisfaction with the idea, which he will discuss with the Rabat council, and the concerned parties.
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Africa 50 is an infrastructure investment platform that “contributes to Africa’s growth by developing and investing in bankable projects, catalyzing public sector capital and mobilizing private sector funding, with differentiated financial returns and impacts,” according to Africa 50 group.
The group is headquartered in Casablanca Morocco. About 28 governments own shares in Africa 50, in addition to two central banks and the African Development bank.
Shareholders in the group include Morocco, Egypt, Tunisia, Senegal, Rwanda, Bank Al-Maghrib, Nigeria, Kenya, and Burkina Faso.
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