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    Reference: 20180070
    Release date: 19 September 2018

    Promoter – Financial Intermediary

    SOCIETE NATIONALE DES AUTOROUTES DU MAROC

    Location

    Description

    The project consists of the widening of the Casablanca-Berrechid motorway (25.8 km) and the Casablanca motorway bypass between the Mohammedia and the Lissasfa interchanges (31.7 km), from 2x2 lanes to 2x3 lanes.

    Objectives

    The project addresses traffic growth and improves transport conditions and road safety. Both investments that make up the project aim at improving level of service, relieving congestion, for both commuting and transit traffic through and from Casablanca (the second largest city in the Maghreb region). The project meets the Bank's priority objectives for transport lending and is in line with the Bank's objectives.

    Sector(s)

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Proposed EIB finance (Approximate amount)

    EUR 80 million

    Total cost (Approximate amount)

    EUR 206 million

    Environmental aspects

    The project involves two investments generally expected to be implemented within existing rights of way through both urban and rural areas; therefore potential negative environmental and social impacts are likely to be minor and temporary. If situated in the EU, the schemes would likely fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. Two individual environmental impact assessments are already finalised for each of the two project components. The Bank shall investigate environmental and social aspects during appraisal and verify that the promoter has followed the relevant EU environmental and social principles, standards and practices. The Bank shall also verify the acceptability of the project in terms of likely environmental impacts and proposed mitigation and compensation measures.

    Procurement

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Status

    Signed - 4/01/2019

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Morocco Transport