Morocco’s Railway System to Receive $1.3 Billion Upgrade, Focusing on Infrastructure and Rolling Stock

This investment will be mainly dedicated to the rehabilitation of the infrastructure and the renewal of the rolling stock, says a note published by the management, which specifies that 3.43 billion dirhams will be devoted to the acquisition part while 2.55 billion will be used to rehabilitate its infrastructures and upgrade the signaling.

In this sense, consultations have been initiated between the State and the Office with a view to defining the institutional and economic model capable of guaranteeing the optimal development of the sector by reconciling the objectives of infrastructure development and the modernization of railway operations, the note points out.

The ONCF aims through this program to ensure the sustainability of the establishment’s model and improve its financial situation characterized by a debt exceeding 43 billion dirhams, the same source indicates. As of the end of June last year, the investments made amounted to 1.28 billion dirhams, i.e. an achievement rate of 52%, while the year-end forecasts are targeting an amount of 1.8 billion dirhams.