The Head of Government, Aziz Akhannouch, accompanied by the Chairman and CEO of the national company Royal Air Maroc (RAM), Hamid Addou, signed the 2023-2037 program contract between the government and RAM. This initiative is part of the government’s efforts to strengthen the role of air transport in the country’s economic and social development.
The program contract provides for increased State participation in RAM’s capital, as part of government support for the company’s vast investment project. It also aims to implement its development plan, support its competitiveness, as well as digitize and improve the quality of its services.
Under the terms of the program contract, RAM plans to quadruple its air fleet, from 50 aircraft currently to 200 aircraft over the next 15 years. At the same time, the company will develop air links in line with the strategy of the tourism sector, by opening new international destinations. The objective is to strengthen ties between the Moroccan community abroad and the country, as well as to open up certain regions of the Kingdom by strengthening domestic air links with the creation of 46 new services.
With the aim of strengthening the presence of national and international airlines, the Casablanca air hub will be developed as a connecting platform connecting the main international hubs. Mohammed V airport will thus be positioned among the top three airports in Africa in terms of traffic and connectivity.
The Head of Government underlined Morocco’s commitment to the development of its infrastructure, in accordance with international standards. He also pointed out that this program contract will breathe new life into the air transport sector, as a strategic pillar to position Morocco as a global logistics platform.
This program contract is part of the government’s support for the 2023-2026 tourism sector strategic roadmap. The objective is to position Morocco among the main world tourist destinations, with the ambition of welcoming 17.5 million tourists, generating 120 billion dirhams in foreign exchange earnings, creating 80,000 direct jobs and 120,000 indirect, while strengthening the role of the tourism sector in attracting investment and creating businesses.