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Signature(s)

Amount
€ 180,000,000
Countries
Sector(s)
Morocco : € 180,000,000
Transport : € 180,000,000
Signature date(s)
31/10/2007 : € 180,000,000
Link to source
Data sheet

Summary sheet

Release date
18 July 2006
Status
Reference
Signed | 31/10/2007
20060162
Project name
Promoter - financial intermediary
ADM V Fès-Oujda
Société Nationale des Autoroutes (ADM)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million.
EUR 546 million.
Location
Sector(s)
Description
Objectives

The project involves the construction of a 320 km motorway section (2x2 3.5 metre-wide lanes with central reservation) between Fez and Oujda.

The programme consists of the necessary investment to construct the Fez-Oujda motorway section, comprising five main stretches and 11 interchange points.

Environmental aspects
Procurement

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.

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.

Link to source
Summary sheet

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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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