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Hyundai Rotem Wins $1.53B Contract to Supply Trains to Morocco

Hyundai Rotem Wins $1.53B Contract to Supply Trains to Morocco

Hyundai Rotem secures a $1.53B contract to supply Morocco’s ONCF with advanced double-decker trains—the largest overseas rail deal for a Korean firm—strengthening Korea’s global railway presence.

Hyundai Rotem has secured a $1.53 billion contract to provide double-decker electric trains to Morocco’s ONCF, marking the largest overseas railway deal for a Korean company.


Key Highlights


  • Strengthens Korea-Morocco economic ties
  • 90% of train components to be sourced from 200+ Korean SMEs
  • Advances Hyundai Rotem’s global leadership in railway manufacturing


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Why It Matters


This deal not only expands Korea’s footprint in global rail markets but also boosts domestic job creation and technology innovation.


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