Infrastructure firm Jet Contractors secured a 437 million dirham contract to build five rail stations along the Benguerir-Marrakech axis. The project encompasses a high-speed rail terminal and four regional express stations, supporting national transport upgrades tied to the upcoming Kenitra-Marrakech high-speed line.
Contract Details and Station Locations Along the Rail Corridor
The rail infrastructure project covers five distinct stops positioned between Benguerir and Marrakech. According to regional reporting on the agreement, the winning bid totals 437 million dirhams before taxes and was awarded to Jet Contractors following a competitive tender process.
- The high-speed rail network terminal situated in the Green City of Benguerir
- Four regional express stations located at the Green City of Benguerir, Sidi Bou Othmane, Sidi Ghanem, and the Marrakech Grand Stadium
Financial filings show that the final contract valuation exceeds the initial baseline estimated by railway authorities at 385.24 million dirhams by approximately 13.6 percent. This procurement cycle followed an earlier tender procedure that officials declared unsuccessful, prompting a formal relaunch with a submission deadline of September 24, 2026.
Integration with National High-Speed Rail Expansion
This station construction contract directly supports Morocco’s broader railway modernization strategy. The national rail office orchestrates these developments as part of a multi-year national rail framework spanning from 2024 through 2030, which commands a total budget of 96 billion dirhams. Within that massive envelope, 53 billion dirhams is specifically assigned to infrastructure and equipment along the Kenitra-Marrakech corridor.
For Jet Contractors, securing this package builds on existing operational involvement in the high-speed rail corridor. The company is already executing civil engineering works on the TOARC 6 section connecting Benguerir to the Marrakech palm grove. The wider high-speed line spans roughly 430 kilometers and is designed to cut travel times between Tangier and Marrakech to under three hours.
Corporate Financial Standing and Project Backlog
The new rail award lands on the books as the contractor manages a historically large volume of active projects. Corporate financial disclosures indicate that the company’s order backlog reached 12.8 billion dirhams at the close of June 2026, marking a 39 percent increase over a twelve-month span. International work accounts for roughly 30 percent of that total.
Operational metrics for the first half of 2026 demonstrate growth alongside rising cost pressures. Consolidated production climbed 13 percent to 1.916 billion dirhams, while consolidated turnover advanced 21.4 percent to reach 1.77 billion dirhams, up from 1.46 billion dirhams during the corresponding period in 2025.
Despite higher production output, profitability dipped during the first half of the year. Consolidated net income retreated 19 percent to settle at 103.6 million dirhams, while Boursenews noted that group share net income came in at 91.5 million dirhams, down from 126 million dirhams in the first half of 2025. Management attributed this margin compression to unexpected expenses tied to launching new construction sites and adverse weather conditions that disrupted project execution timelines.
Diversification and Prior Railway Contracts
The expansion into regional express and high-speed terminals reinforces a broader corporate diversification strategy spanning building construction, public works, energy, and transport infrastructure. Earlier in the year, the enterprise led by Adil Rtabi secured the contract to build the high-speed rail station at the Hassan II Grand Stadium in Benslimane.
While the new 437 million dirham award provides substantial order visibility for the firm’s transport division, railway authorities have not yet released a public operational timeline detailing when passenger service will commence at the five newly contracted stations.