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Join on Telegram Rabat – Morocco’s Railway Office (ONCF) expects to end the year with a turnover exceeding MAD 5 billion ($539.5 million).
In a statement following ONCF’s board meeting held on Thursday in Rabat, Minister of Transport Abdessamad Kayouh said this year’s turnover confirms the railway office’s stability and strengthened economic and commercial performance.
“It also represents a pivotal stage in the framework of the new development cycle, with record figures expected for passenger transport,” the minister said.
The official emphasized that 56 million people choose trains to travel, including 5.6 million who travel on the Al Boraq high-speed train, with a projected turnover of MAD 2.9 billion ($312.92 million).
ONCF Director General Mohamed Rabie Khlie also spoke of the office’s budget in 2026, stating that it was prepared in line with royal directives aimed at developing investment and supporting national economic growth.
Passenger transport activity is expected to continue rising to reach 58.5 million travelers – an increase of 4% compared to the 2025 projections.
ONCF said the freight and phosphate transport activities are also expected to maintain their positive momentum, with a total volume projected at 24 million tons in 2026.
The statement continued that freight transport aims to reach 9.5 million tons. Meanwhile, phosphate transport targets 14.5 million tons, representing a 4% increase compared to 2025.
In terms of investment, ONCF is expected to close the year with an estimated budget exceeding MAD 18 billion ($1.9 billion).
The volume of investment is expected to reach around MAD 23 billion ($2.4 billion) next year.
He emphasized that these major projects reflect the Royal will to elevate the railway sector to the most advanced systems, enhance sustainable mobility, strengthen the competitiveness of the national economy, and achieve balanced regional development.
ONCF’s Khlie added that 2025 marked the launch of the largest investment program for the railway office, looking ahead to 2030, by His Majesty King Mohammed VI.
This program, one of the most significant structural projects in the Moroccan railway system, includes expanding the high-speed rail network to Marrakech, acquiring new trains, constructing next-generation railway stations, developing local services, and modernizing existing infrastructure.
At the conclusion of the meeting, the Board members congratulated all ONCF collaborators for their continuous efforts in achieving these accomplishments and their active contribution to advancing sustainable transport.
In April, King Mohammed VI greenlighted a rail expansion plan worth MAD 96 billion, or $10.3 billion. The budget includes the construction of a high-speed line to Marrakech.
The 430-kilometer project forms part of a comprehensive MAD 96 billion ($9.6 billion) railway development program that will transform the country’s transportation network.
