ONCF to finance the Marrakech-Agadir railway project

ONCF to finance the Marrakech-Agadir railway project
Tuesday 18 January 2022 - 11:08

The construction of the railway connecting Marrakech and Agadir is one of the priority plans of Morocco’s National Office of Railways (ONCF), whose ultimate goal is to connect the entire nation to the rail network in the near and immediate future, according to the Minister of Transport and Logistics, Mohamed Abdeljalil.

In response to a question in the House of Representatives on Monday, January 17, the Minister stated that the ONCF had carried out various preliminary studies on the project, including the study of the infrastructure and engineering works, as well as the topographic survey.

The minister also noted that the project would require the mobilization of financial credits worth close to MAD 50 billion and that the programming of the project would be determined by the efforts of all stakeholders in finding appropriate solutions to finance it.

Additionally, the Minister noted that his department and the ONCF were engaged to investigate all the available financing options for this restructuring project, including a public-private partnership.

The ONCF plan calls for the construction of 1,300 km of new high-speed lines and 3,800 km of conventional lines, connecting 43 cities, concluded Mohamed Abdeljalil.

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