Previously stalled for economic reasons, the double track rail tunnel would provide a crucial link between Europe and North Africa, according to Morocco World News.
ECOSOC recently convened in Geneva to discuss this and other initiatives, and the submarine rail was promoted by African and European supporters as an economic and even social boon for both countries.
Europe, crippled by austerity measures and other financial woes, could penetrate and uplift the African market, which would in turn provide Morocco with a fiscal boost.
More than any other North African nation, Moroccan has gone to great lengths to make the country favorable to international investors.
Widespread architectural, infrastructural, and energy development projects are under way, though not always to the benefit of the country’s rural population, and the €10 billion transportation project would continue this push to become a world player.
The submarine railway would extend from Punta Paloma in southern Spain to Punta Malabata, which is just east of Tangiers. Albeit longer than another proposed route, this waterway west of the Strait of Gibraltar is said to be the most shallow.
At the end of its annual meeting, ECOSC drafted a resolution calling on the Executive Secretaries of the Economic Commissions for Africa and Europe to explore the project and report back.
This takes place just half a year after Spain ditched the Desertec project designed to create a renewable energy link between the two continents, so these plans shouldn’t be taken as firm until the lights are switched on.
Still, if the project does lift off, it could be completed as soon as 2025.