Release date: 18 July 2006
Promoter – Financial Intermediary
Société Nationale des Autoroutes (ADM)Location
Description
The project involves the construction of a 320 km motorway section (2x2 3.5 metre-wide lanes with central reservation) between Fez and Oujda.
Objectives
The programme consists of the necessary investment to construct the Fez-Oujda motorway section, comprising five main stretches and 11 interchange points.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million.
Total cost (Approximate amount)
EUR 546 million.
Environmental aspects
The promoter undertakes to comply with the relevant Moroccan laws and EU directives. Environmental impact studies (including public consultation) are under way. They will have to be approved by the competent Moroccan authorities.
The quality of these studies and the procedure employed will be examined at the time of the Bank's appraisal of the project.
Procurement
The different project components financed by the Bank will be put out to tender in line with the Bank’s Guide to Procurement, with publication in the OJEU if necessary.
Status
Signed - 31/10/2007