HIBAPRESS – Rabat
The National Railway Office held its administrative council on Thursday, November 27, 2025, chaired by the Minister of Transport and Logistics, Abdelsamad Cayouh, which was dedicated to examining the expected results during 2025 and approving the budgets programmed for the year 2026. The meeting was an opportunity to emphasize the new dynamism that the railway sector is experiencing thanks to the royal vision and major strategic orientations.
Praise for Royal Support and Appreciation for Structured Projects
In his opening speech, the Minister praised the high patronage of King Mohammed VI, stressing that the royal directives contributed to consolidating the position of the National Railway Office as a pivotal player in a sustainable and low-emission transport system, and the positive social and economic effects that accompany this.
Cayouh also mentioned the strategic importance of the massive investment program that His Majesty launched on April 24, 2025, which is valued at 96 billion dirhams, stressing that it reflects the royal will to upgrade the railway sector to the ranks of the most advanced global systems, and enhance the competitiveness of the national economy and achieve balanced regional development.
An unprecedented investment program and remarkable development in services
For his part, the General Manager of the National Railway Office, Mohamed Rabie El Khlie, mentioned that the year 2025 witnessed the launch of the largest investment program in the history of the Office in the 2030 horizon. This program includes expanding the high-speed network to Marrakesh, acquiring new trains, building new generation railway stations, developing proximity services, in addition to modernizing the current infrastructure.
El Khlie presented a comprehensive summary of the Office's activities during 2025, which was characterized by a great development in the passenger and goods transport activities alike.
Record numbers in passenger transport and growth in freight transport
The results of 2025 confirmed that the Office achieved a distinguished economic and commercial performance, as the number of passengers increased to reach 56 million passengers, of whom 5.6 million chose “Al Boraq” trains. The turnover of this activity is expected to reach 2.9 billion dirhams.
As for the transport of phosphate, it also recorded a remarkable growth in terms of revenues, with an expected turnover of 1.2 billion dirhams, compared to the transport of 13.9 million tons.
Freight transport activity also achieved significant performance with more than 9 million tons of goods, recording a turnover of 710 million dirhams.
In general, the Office’s turnover for the year 2025 is expected to exceed the threshold of 5 billion dirhams thanks to the continued growth of passenger and freight activities.
2026 budget: continuous dynamism and growing investments
The General Manager explained that the budgets for the year 2026 were prepared in accordance with the royal directives aimed at supporting national economic growth and enhancing major investments. Passenger transport activity is expected to increase further to reach 58.5 million passengers, an increase of 4% compared to 2025.
The total quantities transported of phosphate and goods are also expected to reach 24 million tons during 2026, an increase of 4% over the previous year.
The Office is expected to achieve a turnover of 5.4 billion dirhams, an increase of 7% compared to 2025.
At the investment level, the year 2025 is expected to conclude with a budget of approximately 18 billion dirhams, while these investments will increase during 2026 to about 23 billion dirhams, which reflects the acceleration of the pace of implementing the new development cycle.
A new strategy in the field of environmental and social governance
In parallel with the investment dynamism, the Office announced the launch of a new and ambitious strategy in the field of environmental, social and institutional governance (ESG), with the aim of enhancing sustainable performance and accelerating the positive social impact of the Office.
