ONCF Projects 4 Billion Dirham Revenue for 2019, Boosted by High-Speed Rail

The projected turnover of the ONCF for the 2019 fiscal year should be 4 billion dirhams, with investments of around 3.3 billion dirhams, according to Telquel. This budget is part of "the operational performance, proposing the improvement of service quality, the optimization of costs and the support of the national dynamic," said the CEO, Mohamed Rabie Khlie, during the board of directors meeting.

The CEO welcomed the achievements of the office during the previous fiscal year, which reached the figure of 3.4 billion dirhams with an added value of 2 billion dirhams. The launch of the LGV, high-speed line, the arrival of the long-distance train, as well as the inauguration of new stations, are among the achievements of the office during the year 2018.

"The direct results in terms of customer benefits are very tangible," said the CEO, welcoming the improvement in performance in terms of travel time and shuttle frequency.

The return on investment has already been felt in the first three months of the current fiscal year, with a very significant increase in the number of passengers for both the Al Boraq (TGV) line and the Al Atlas and TNR lines.