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Signature(s)

Amount
€ 110,000,000
Countries
Sector(s)
Morocco : € 110,000,000
Transport : € 110,000,000
Signature date(s)
10/11/2003 : € 110,000,000
Link to source
Data sheet
Other links
Summary sheet

Summary sheet

Release date
29 August 2003
Status
Reference
Signed | 10/11/2003
20030161
Project name
Promoter - financial intermediary
Autoroute du Maroc IV
Société Nationale des Autoroutes du Maroc
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Loan from EIB own resources of approximately EUR 180m under the FEMIP - EUROMED II Mandate.
Approximately EUR 400 million.
Location
Sector(s)
Description
Objectives

Construction of a section of motorway connecting the cities of Settat and Marrakesh. The project will include the Settat by-pass.

The project comes under the national motorways programme, declared a national priority by the government.

The Settat-Marrakesh motorway forms part of the Casablanca-Marrakesh link constituting the first section of the North / South route (the Casablanca-Settat stretch having opened to traffic in June 2001). This infrastructure will facilitate trade in an area with substantial assets in terms of tourism, industry and agriculture, thereby fostering the economic development of the region as a whole.

Environmental aspects
Procurement

The Bank's environmental rules will apply.

The various components of the project will be put out to public tender in accordance with the Bank's Guide to Procurement, with, where appropriate, publication in the OJEC.

Comments

Motorway infrastructure.

Link to source
Summary sheet
Other links

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).

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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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