This is how much the tunnel between Spain and Morocco will cost
This is how much the tunnel between Spain and Morocco will cost
Morocco and Spain reactivated the 40-year-old tunnel project under the Strait of Gibraltar in February 2023. The completion of this mega project is expected to cost 6 billion euros.
According to estimates by experts consulted by the North American magazine Newsweek, the tunnel between Morocco and Spain should require an investment of 6 billion euros. The construction of this fixed link between the two countries was conceived by Kings Hassan II and Juan Carlos I in 1979. Two study companies were created a year later: the Spanish Society for Studies of Fixed Communications across the Strait of Gibraltar (SECEGSA) in Spain and the National Society for Studies of the Strait (SNED) in Morocco.