“The ONCF companions with FIFA for the success of the FIFA Membership World Cup MOROCCO 2022 (press launch)”>Al Boraq train, celebrating its 5th anniversary, continues to establish itself as an icon of sustainable mobility and a vector of change, carrying more than 5 million passengers in 2023 (+24% compared to 2022)” , notes the Office in a press release.
This activity thus generated a turnover (CA) of nearly 2.55 billion dirhams (billion dirhams), up 17% compared to the end of 2022, specifies the same source, noting that the consolidated turnover experienced an increase by 6%, going from 4.59 billion dirhams in 2022 to 4.88 billion dirhams in 2023.
The ONCF also reports a CAPEX (investment expenditure) of MAD 1.13 billion at the end of 2023, mainly relating to maintaining performance, quality of services and modernization of the rail network.
As for debt, it was MAD 43.9 billion at the end of 2023, a decrease of 3% compared to 2022, as part of the control of the trajectory of the Office’s debt.
“Confirming the strong ambition and determination of the Office in its green transformation, the ONCF is starting the year 2024 by running 90% of its electric trains using green energy. This choice allows for considerable optimization of the energy bill and substantial mitigation of the carbon footprint of rail activities, thereby strengthening its position as the backbone of sustainable mobility,” the press release underlines.