Jet Contractors stock secures 437.6 million dirham rail contract

Jet Contractors has secured a 437.575 million Moroccan dirham contract to build five railway stations along the Benguerir-Marrakech corridor, Reuters reported on October 16, 2026. The award covers one high-speed rail station and four regional express rail stations within Morocco's Kenitra-Marrakech high-speed rail project.

According to Reuters, the contract was awarded by Morocco's National Railway Office, known as ONCF. The scope includes station structures, platforms, access facilities and supporting electromechanical systems. It also covers architectural finishes, power distribution, ventilation, water and drainage systems, fire protection, surveillance and security installations.

Broader role in rail expansion

The new award extends Jet Contractors' involvement beyond civil works on the same corridor to the construction and fitting-out of station buildings. Reuters said the contracts form part of ONCF's programme to expand and modernise Morocco's railway network ahead of the 2030 FIFA World Cup.

The company has been involved in Moroccan construction since its foundation in 1992. Its activities span general contracting, building envelopes, wooden and steel structures, bridge works and solar EPC services, according to the company's website.

Integrated construction and industrial model

Jet Contractors combines general contracting and execution engineering with industrial production through subsidiaries and manufacturing units in Morocco and abroad. The group says it serves large architectural and infrastructure projects through an integrated model and operates across building envelopes, steel and timber structures and solar EPC. Its stated position is that of a national reference contractor for turnkey projects with significant architectural content.