{"id":83105,"date":"2024-12-16T00:00:00","date_gmt":"2024-12-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/16\/moroccos-oncf-taps-sgtm-for-a-usd-200-mn-railway-contract\/"},"modified":"2024-12-16T00:00:00","modified_gmt":"2024-12-16T00:00:00","slug":"moroccos-oncf-taps-sgtm-for-a-usd-200-mn-railway-contract","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/16\/moroccos-oncf-taps-sgtm-for-a-usd-200-mn-railway-contract\/","title":{"rendered":"Morocco\u2019s ONCF taps SGTM for a USD 200 mn railway contract"},"content":{"rendered":"

<\/strong>SGTM tapped for railway project: <\/strong>The Moroccan National Railway Authority (ONCF) awarded Morocco\u2019s civil engineering firm SGTM a MAD 2 bn (USD 200 mn) contract for for the high-speed line (LGV) from Kenitra to Marrakech, Morocco World News<\/a> reported last week. The contract will cover extensive civil work, including earthworks and engineering structures in the Bouregreg Valley region.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

SGTM\u2019s bid outran other bidding competitors<\/strong>, including Morocco's SNCE\/Capep\/Seprob consortium, the GPRT NGE Contracting-Guintoli partnership, and China\u2019s CCECC. <\/p>\n

SGTM is joining other firms that secured contracts for the LGV project, <\/strong>which includes leading Morocco firms such as, TGCC at a MAD 2.83 bn, Jet Contractors at MAD 2 bn, Mojazine Group at MAD 1.97 bn, and STAM at 2.4 bn. The project also features other Chinese investors, including Gezhouba at MAD 2.32 bn, CRCC 20 at MAD 2.83 bn, China Railway at MAD 3.4 bn, Shandong Hi-Speed Engineering-Construction at MAD 4.5 bn, and Covec at MAD 1.34 bn<\/a>. <\/p>\n

Background: <\/strong>ONCF rolled out a MAD 9.78 bn (c. USD 988.3 mn) railway development investment plan back in October<\/a> for 2025-2027, which includes extending the high-speed rail line (LGV) from Kenitra to Marrakech as well as establish a regional express network (RER) for Casablanca, Rabat, and Marrakech. <\/p>\n

Eyes on the prize: <\/strong>African Development Bank (AfDB) said it attracted over USD 13 bn worth of financial commitments from investors for the project back in December, exceeding the initial USD 8.8 bn<\/a>it was seeking<\/a>. ONCF handled some 17 mn tonnes of freight in 2023 and transported 52.8 mn passengers, including 5 mn on the already-existing LGV railway. <\/p>\n

Future expansion plans:<\/strong> The project aims to add potential extensions from Marrakech to Agadir and further developments to the Laayoune and Dakhla regions. ONCF also has plans to acquire 168 new trains to modernize its fleet to meet the rising passenger demand. Morocco also rolled out its Railway Strategy 2040<\/a>, a comprehensive long-term plan for the development of the national railway network, expected to cost MAD 87 bn (c. USD 8.5 bn). ONCF also aims to expand its network to serve 43 \u2014 or 87% \u2014 of Morocco by 2040. <\/p>\n

Morocco\u2019s been making moves:<\/strong> ONCF awarded a contract back in November<\/a> to a consortium of Spanish engineering firm Ineco and Morocco\u2019s CID to carry out the preliminary project for the railway service between the Moroccan cities of Oued Zem and Beni Mella, as well as<\/p>\n","protected":false},"excerpt":{"rendered":"

The contract will cover earthworks and engineering structures in the Bouregreg Valley region<\/p>\n","protected":false},"author":1,"featured_media":83106,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[296],"tags":[150,121,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rail","tag-morocco","tag-rail","tag-trade","wpautop","entry"],"acf":{"mongo_id":"762b575f-9229-4b82-8e09-fb7021d956fd","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1452.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Morocco\u2019s ONCF taps SGTM for a USD 200 mn railway contract","related_issue":[83091],"teaser":"The contract will cover earthworks and engineering structures in the Bouregreg Valley region","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.3d08a2db-16c0-4e73-adeb-8b78af8a6300.mp3"},"yoast_head":"\nMorocco\u2019s ONCF taps SGTM for a USD 200 mn railway contract - 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