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        ROUTES RURALES III

        Signature(s)

        Amount
        € 60,000,000
        Countries
        Sector(s)
        Morocco : € 60,000,000
        Transport : € 60,000,000
        Signature date(s)
        5/12/2008 : € 60,000,000

        Summary sheet

        Release date
        5 September 2008
        Status
        Reference
        Signed | 05/12/2008
        20080298
        Project name
        Promoter - financial intermediary
        Rural Roads III

        Direction des Routes et de la Circulation Routière – DRCR (Directorate for Roads and Road Traffic), which comes under the Ministry of Planning and Transport

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 60 million from the Bank's own resources under the ENPC Mandate 2007-2013.
        Around EUR 1.1 billion.
        Location
        Sector(s)
        Description
        Objectives

        Second EIB financing operation for the second national programme for the construction of rural roads (PNRR2), launched in 2005 in order to construct 15 500 km of rural roads over the period 2005-2012.

        To reduce disparities in rural road services between the different Moroccan provinces and improve accessibility for the rural poulation from 54% in 2005 to 80% in 2012.

        Environmental aspects
        Procurement

        As almost all of the planned schemes will be carried out on existing tracks, this project is not expected to present any major environmental risks. The Bank will ensure that the procedures adopted, based on the World Bank's environmental rules, are in line with the principles of EU environmental directives.

        The promoter is fully familiar with the Bank's procurement procedures and already applies them.

        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.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        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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