The National Railways Office (ONCF) said it expects to reach a turnover of MAD3.5 billion for the 2021 financial year, up compared to MAD2.8 billion recorded in 2020, the office announced on Friday.
Speaking at the ONCF meeting, held in videoconference mode under the chairmanship of the Minister of Transport and Logistics, Mohammed Abdeljalil, Khlie explained that “thanks to the good recovery of passenger activity and the resilience of goods transport activities, the Office plans to achieve a turnover of MAD3.5 billion in 2021, up compared to MAD2.8 billion recorded in 2020, an increase of 25%”, according to ONCF’s press release.
In addition, the Director-General of ONCF recalled that despite the circumstances related to the COVID-19 pandemic, 2021 was marked by a rebound in rail activity.
Similarly, in 2021, ONCF made investments for an amount of MAD1.6 billion, limited to the completion of ongoing operations and priority projects to maintain security and quality of service.
ONCF’s Director-General Khlie pointed out that the ONCF began 2022 by launching its green energy transition, with all of its Al Boraq trains now running on clean wind energy, before gradually expanding this choice to its entire fleet, the press release concluded.
Recently, ONCF said the forecasts of the investment program for the period 2022-2024 amount to more than MAD7.72 billion, according to the report on public establishments and enterprises accompanying the draft finance law for 2022.
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