Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Morocco : € 200,000,000
    Transport : € 200,000,000
    Signature date(s)
    11/11/2022 : € 200,000,000
    Link to source

    Summary sheet

    Release date
    25 March 2024
    Status
    Reference
    Signed | 11/11/2022
    20210449
    Project name
    Promoter - financial intermediary
    ONCF REHABILITATION FERROVIAIRE
    OFFICE NATIONAL DES CHEMINS DE FER
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 250 million
    EUR 596 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of an investment programme to renew the existing conventional rail infrastructure and modernise some systems by introducing state-of-the-art technologies. In particular, the related activities concern the renewal or rehabilitation of track, engineering and electric traction facilities on selected sections of the network, improvement of signalling and telecommunication systems, safety improvements, implementation of flood protection and acquisition of equipment for infrastructure maintenance.

    The aim is to improve connectivity and strengthen the country's competitiveness, and contribute to building bridges in all Moroccan regions, regional and national economic growth, facilitate trade, support private sector development and ultimately contribute to economic and social cohesion. The project is aligned with the EU New Agenda for Mediterranean and Team Europe Initiative related to Green Partnership with Morocco.

    Environmental aspects
    Procurement

    Being an investment programme, the need for an environmental impact assessment (EIA) may vary according to each scheme and will be analysed on a case by case basis, based on any potential significant impacts on protected areas and cumulative impacts assessment. Nevertheless, based on the nature of works included in the project, which will be mainly undertaken on already existing infrastructures ? most schemes are not expected to be subject to EIA. The compliance with environmental and nature conservation directives will be reviewed at appraisal.

    The promoter has to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement. The EIB will ensure that the main works and supply contacts will follow international procurement procedures with publication in the EU official journal.

    Under Global Europe NDICI guarantee

    Under EFSD+ Guarantee

    Milestone
    Under appraisal
    Approved
    Signed
    15 June 2022
    11 November 2022
    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - ONCF REHABILITATION FERROVIAIRE
    Publication Date
    15 Apr 2024
    Document language
    Main Topic
    Lending
    Document Number
    150158540
    Document Focus
    Environmental Information
    Project Number
    20210449
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

    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 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.

    Related publications