HomeEconomyONCF improves its overall turnover by 29% in 2021

ONCF improves its overall turnover by 29% in 2021

The overall turnover of the National Railways Office (ONCF) amounted to nearly 3.63 billion dirhams (MMDH) in 2021, up 29% compared to 2020.

This increase is explained by the performance of the passenger activity, which has returned to growth, and resilient freight transport activities, said the ONCF in a press release on the holding of its Board of Directors, Thursday in Rabat, under the presidency of the Minister of Transport and Logistics, Mohammed Abdeljalil. With regard to operating income, it recorded an improvement of 551 million dirhams (MDH) compared to 2020, thanks to the resilience of activities and actions to control costs and maintain industrial and commercial performance. , says the same source.

The investment related to an amount of 1.4 billion dirhams in 2021 and was devoted solely to the completion of ongoing operations and priority projects to maintain security and quality of service. Moreover, ONCF will continue its investment effort by activating the various projects necessary to maintain performance and by accelerating studies relating to development projects.




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