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Summary sheet

Release date
13 August 2024
Status
Reference
Under appraisal | 19/04/2024
20230922
Project name
Promoter - financial intermediary
ADM RESILIENCE AUTOROUTIERE FL
SOCIETE NATIONALE DES AUTOROUTES DU MAROC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 300 million
EUR 721 million
Location
Sector(s)
Description
Objectives

The project consists in a framework loan to finance ADM's resilience investment programme 2024-2033. The programme is expected to upgrade 1,200 km of expressways, approximately two thirds of the total Moroccan network.

The aim is to enhance the resilience of Morocco's primary expressway network to climate change and other hazards. By bolstering the reliability of access to markets and public services, and facilitating the trade of goods, the project is expected to stimulate private sector development, encourage trade, advance regional integration, and mitigate regional disparities.

Environmental aspects
Procurement

The project involves multiple components expected to be performed within existing rights of way; therefore, potential negative environmental and social impacts are likely to be minor and temporary during construction works. This will be further verified during the project appraisal. The project will contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate adaptation, but also pollution prevention and control. Social and employment aspects will be verified during appraisal.

The promoter has to ensure that the project will be implemented in accordance with the EIB's Guide to Procurement.

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Milestone
Under appraisal
Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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