Skip to main content

More than US$700mn released for construction of new Moroccan motorway

Over US$ 700 million (MAD 6bn) has been released for the construction of a 172km motorway between Berrechid-Beni and Mellal in Morocco. The new highway will feature two toll booths and three rest areas. Although delays are expected, the project is due for completion in 2014. The first stretch in the Tadla-Azilal area is due for completion in June 2013. This motorway is said to form a key part of the 2008-2015 Morocco roadmap. It is funded by a loan from the Chinese government, by the European Investment Fun
January 9, 2013 Read time: 1 min
Over US$ 700 million (MAD 6bn) has been released for the construction of a 172km motorway between Berrechid-Beni and Mellal in Morocco. The new highway will feature two toll booths and three rest areas. Although delays are expected, the project is due for completion in 2014. The first stretch in the Tadla-Azilal area is due for completion in June 2013.

This motorway is said to form a key part of the 2008-2015 Morocco roadmap. It is funded by a loan from the 2719 Chinese Government, by the European Investment Fund (EIF) and the Arab Fund for Economic & Social Development (AFESD). The motorway stands to link regions such as Tadla-Azilal to the motorway system, and provide economic benefits.

For more information on companies in this article

Related Content

  • New bridge works planned for the Philippines
    September 21, 2022
    Three new bridge links are planned for the Philippines.
  • New South Wales is seeking financial packers for WestConnex in Sydney
    June 19, 2015
    Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government. According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion. Total cost of all three phases over 10 years could be as
  • Highways Agency’s 57 road improvements set to give £3bn boost to UK economy
    October 8, 2012
    The Highways Agency is to deliver 57 vital road improvements said to equate to a near US $ 4.83 billion (£3bn) boost to the UK economy. The $ 274.25 million (£170mn) investment is part of a $ 350.07 million (£217) million programme to remove bottlenecks and keep traffic moving on England’s motorways and major A roads. Many of the improvements will be delivered in 2013 and 2014, and they will all be completed by March 2015. The announcement brings the total number of schemes to receive investment from the Go
  • The Australian Government has set a massive budget for infrastructure investment, including major spending on roads
    May 17, 2013
    The Australian Government is announcing plans to invest A$24 billion (US$23.73 billion) in transport infrastructure across the country. This will form the second part of the country’s five-year Nation Building Plan (NBP). The investment will be used to improve roads, railways and ports between 2014/2015 and 2018/2019. One stage of the NBP will involve spending A$525 million to upgrade and widen the M80 Ring Road in New South Wales (NSW) in a project that will include installing the latest traffic management