France’s Alstom Strikes 45 Million Euro Tram Deal with Rabat

A file photo taken on May 19, 2015 shows the Alstom logo at the Alstom plant in Montoir-de-Bretagne, near Saint-Nazaire, western France. AFP PHOTO / JEAN-SEBASTIEN EVRARD
A file photo taken on May 19, 2015 shows the Alstom logo at the Alstom plant in Montoir-de-Bretagne, near Saint-Nazaire, western France. AFP PHOTO / JEAN-SEBASTIEN EVRARD
TT

France’s Alstom Strikes 45 Million Euro Tram Deal with Rabat

A file photo taken on May 19, 2015 shows the Alstom logo at the Alstom plant in Montoir-de-Bretagne, near Saint-Nazaire, western France. AFP PHOTO / JEAN-SEBASTIEN EVRARD
A file photo taken on May 19, 2015 shows the Alstom logo at the Alstom plant in Montoir-de-Bretagne, near Saint-Nazaire, western France. AFP PHOTO / JEAN-SEBASTIEN EVRARD

French train maker Alstom has signed a 45 million euro contract with the Rabat-Salé transport company STRS for the supply of 22 Citadis trams that will run in the Moroccan capital.

The Citadis trams will be designed and manufactured in La Rochelle, France. Five other French sites will be used for the design, the production of the on-board electronic equipment and passenger information systems, power modules and circuit-breaker boxes. And, in Italy, another site will supply the traction system, the French firm said.

Following delivery, which is scheduled 26 months after the date of the contract’s entry into force, the trams will be subjected to static and dynamic tests at the customer’s site. Alstom’s team in Morocco will ensure after-sales service, it said.

The deal aims to increase STRS existing fleet of 44 Citadis trams from Alstom.

Trams began operating in Rabat in 2011. The number of commuters at the Rabat-Salé’s two tramway lines has steadily grown, with over 150 million passengers transported to date. To meet growing transportation needs, STRS has decided to add more lines, reaching 33 kilometers.

The 32m-long low-floor Citadis LRVs can transport up to 606 passengers when operating in multiple. Each LRV has 12 doors per side and is designed for use by mobility-impaired passengers. 

Alstom has already delivered Citadis trams to the cities of Rabat and Casablanca, and 12 Euroduplex trains for the high-speed rail line that will link Tangier to Casablanca.

The company has branches in 60 countries.



E-commerce Giant Alibaba Has Completed 3-year 'Rectification' Period

Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters
Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters
TT

E-commerce Giant Alibaba Has Completed 3-year 'Rectification' Period

Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters
Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters

China's State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years "rectification" following a fine levied in 2021 for monopolistic behavior.
In 2021, the regulator slapped a record $2.75 billion fine on the e-commerce giant for abusing its market position by forcing merchants on its platforms not to work with rival platforms.
The regulator's statement said Alibaba's rectification work had achieved "good results" and that it would continue to "guide" Alibaba to continue to "regulate its operations and improve its compliance and quality."
The fine levied on Alibaba in 2021 came during a period of intense scrutiny for the business empire founded by billionaire Jack Ma, Reuters reported. A $37 billion IPO by the finance arm he founded, Ant Group, was also scuttled following Ma's public critique of the country's regulatory system in late 2020.
Alibaba, in its own statement, described the regulator's announcement on Friday as a "new starting point for development" and said it would continue to "promote the healthy development of the platform economy and create more value for society."