ADM and the Arab Fund sign $104 million Moroccan motorway financing agreement

The Arab Fund for Economic and Social Development and the Moroccan motorway authority ADM (Autoroutes du Maroc) have signed a US$103.67 million loan that will help finaance of the Safi-El Jadide motorway. The highway is planned to open to traffic during 2015. With this loan, financing is now complete for the 140km project, which will cost US$553 million in total.
September 30, 2014 Read time: 1 min
RSSThe Arab Fund for Economic and Social Development and the Moroccan motorway authority ADM (5199 Autoroutes du Maroc) have signed a US$103.67 million loan that will help finaance of the Safi-El Jadide motorway. The highway is planned to open to traffic during 2015. With this loan, financing is now complete for the 140km project, which will cost US$553 million in total.

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