Loan No: | 669 | Interest Rate: | 2.5 % |
Beneficiary: | Société Nationale des Autoroutes du Maroc (ADM) | Grace Period: | 6 years |
Project Cost: | KD 137.8 million | Maturity: | 30 years |
Amount of Loan: | KD 70.0 million | Repayment: | 49 semi-annual installments |
Date of Board Approval: | 2019-08-09 | First Installment: | 6 years following the first disbursement |
Date of Loan Agreement: | 2020-04-27 | Date of Loan Effectiveness: | 2029-02-11 |
Objectives:
The project aims at improving land transportation services on the road network in Morocco to accommodate the rapidly increasing road traffic and reduce traffic accidents. The project will also contribute to the economic and social development of the Casablanca – Settat Region, specifically the city of Casablanca and its surrounding areas.
Description:
The project, which is expected to be completed by the end of 2022, consists of the following three main components:
- Construction of the Tit Mellil – Berrechid Motorway:This includes the construction of a motorway between Tit Mellil and Berrechid with a length of about 29 km, consisting of 4 lanes, 2 in each direction, with a width of 3.5 m each, a median with a width between 4 and 12 m, and shoulders on each side of the road with a width of 3 m.
- Expansion of the Casablanca Ring Motorway:This includes the expansion of the Casablanca ring motorway, which has a length of about 31 km and currently consists of 2 lanes in each direction with a width of 3.5 m each, through the addition of a third lane of the same width in each direction.
- Expansion of the Casablanca – Berrechid Motorway:This includes the expansion of the Casablanca – Berrechid Motorway, which has a length of about 26 km and currently consists of 2 lanes in each direction with a width of 3.5 m each, through the addition of a third lane of the same width in each direction.
Each main component of the project includes the following:
- Civil Works:This includes the execution of earthworks, pavement works and drainage works for the motorway, and the construction works related to interchanges, main bridges over water courses, over-passes, underpasses, and pedestrian crossings.
- Ancillary Works:This includes the execution of all the necessary works to construct and develop the operations and maintenance centers, and the buildings and equipment related to toll stations. It also includes the works related to traffic safety, and the extension and restoration of the utility networks affected by the project works, such as water pipelines, electricity and telephone lines, as well as other ancillary works.
- Project Management:This includes setting up a project implementation unit to manage and supervise the project, as well as acquiring the services of consultancy firms to assist in monitoring of project execution and technical supervision of the works, and of specialized quality control laboratories.
Financing:
The Arab Fund’s loan covers about 51% of the total project cost. The European Investment Bank contributes to the financing of the project with a loan equivalent to about KD 26 million (about 19%). ADM and the Moroccan Government will cover the remaining cost of the project and any additional cost that may arise.