more than 13.2 billion dirhams of investments planned for the period 2023-2025

The projected investment program of the National Railways Office (ONCF) for the period 2023-2025 will cover a total envelope of 13.24 billion dirhams (MMDH), according to the report on establishments and public enterprises (EEP) accompanying the finance bill (PLF) for next year.

This envelope will be dedicated mainly to the acquisition of rolling stock (3.43 billion dirhams) and the rehabilitation of infrastructure and the upgrading of signaling (2.55 billion dirhams), indicates this report published on the website of the Ministry of Economy and finance.

The annual investment amounts are around 3.44 billion dirhams, 5.41 billion dirhams and 4.37 billion dirhams, respectively in 2023, 2024 and 2025, specifies the same source.

And to recall that at the end of June 2022, the investments made by ONCF reached more than 1.28 billion dirhams, i.e. an achievement rate of 52%. This year’s closing forecasts are for 1.8 billion dirhams.

At the same time, the report indicates that given the nature of the railway sector, particularly in terms of land use planning, strengthening connectivity and its impact on the competitiveness of the productive fabric, consultations have been accelerated between the State and ONCF with a view to defining the institutional and economic model capable of guaranteeing the optimal development of the sector, by reconciling between the objectives of infrastructure development and the modernization of railway operations.

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