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Casablanca-Settat Approves Financing of 48 Billion MAD for the Kenitra-Marrakech High-Speed Rail and the Regional Express Network (RER)
Of this 48 billion MAD envelope, 40 billion MAD will be dedicated to the Kenitra-Marrakech high-speed rail line (LGV), and 8 billion MAD to the RER of the economic capital.
The Casablanca-Settat region approved, during its ordinary session on Monday, July 7, the financing protocol for the program to build the future Kenitra-Marrakech LGV, as well as the RER of the economic capital, budgeted at 48 billion dirhams (MAD).
According to the regional council president, Abdellatif Maâzouz, 40 billion MAD will be allocated to the LGV and 8 billion MAD to the RER. The regions of Casablanca-Settat, Rabat-Salé-Kenitra, and Marrakech-Safi will each contribute 16 billion MAD through long-term loans contracted over 25 years, including a five-year repayment grace period. Attijariwafa Bank (24 billion MAD), Banque Centrale Populaire (8 billion MAD), CDG (8 billion MAD), Bank of Africa (6 billion MAD), and Bank Al-Maghrib (2 billion MAD) will also provide financial support.
Recall that construction work on this future 430 km line was officially launched on April 24 by His Majesty King Mohammed VI at Rabat-Agdal station. This extension of the Tangier-Kenitra LGV is expected to be operational by November 2029, a few months before the 2030 World Cup.
Regarding the future 92 km RER of Casablanca, it will have eighteen stations distributed between Benslimane, Mohammedia, several municipalities of the economic capital (including Sidi Maârouf, Mers Sultan, and Bouskoura), Nouaceur, El Jadida, and Mohammed V Airport.
