Work on a new highway is commencing in Morocco

Construction activity is commencing on a key highway link in Morocco. Preparation work for the El Jadida-Safi motorway has been underway since September 2012. This new highway will stretch 143km and will connect El Jadida to Jorf Lasfar, Sidi Smail, Sidi Bennour, Oualidia and finally Safi. The work is being split into four sections. The project is expected to cost US$632.5 million and will be financed in part by the European Investment Bank, which has agreed to invest close to $326 million. The Arab Fund fo
March 15, 2013 Read time: 1 min
Construction activity is commencing on a key highway link in Morocco. Preparation work for the El Jadida-Safi motorway has been underway since September 2012. This new highway will stretch 143km and will connect El Jadida to Jorf Lasfar, Sidi Smail, Sidi Bennour, Oualidia and finally Safi. The work is being split into four sections. The project is expected to cost US$632.5 million and will be financed in part by the 1054 European Investment Bank, which has agreed to invest close to $326 million. The 3409 Arab Fund for Social and Economic Development (FADES) will loan the El Jadida-Safi motorway project $105.4 million. Developers plan to construct six interchanges at El Jadida Est, El Jadida Sud, Sidi Smail, Jorf Lasfar, Safi and Oualidia. The highway should be operational in 2015 and once complete, it will help develop tourism, mining and industrial activities in the Doukkala-Abda region.

For more information on companies in this article

Related Content

  • German highway contract for STRABAG
    August 10, 2021
    A major German highway contract will be worked on by STRABAG.
    Read More
  • Major German road contract awarded
    September 2, 2020
    A major road contract has been awarded close to Hesse in Germany.
    Read More
  • Investing in Albania's roads
    March 22, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More
  • Loans from Europe will fund highway works in the nation of Georgia
    May 15, 2012
    Loans from the European Investment Bank (EIB) and the EU will fiancé highway work in Georgia. The funds will be used to pay for the construction of the high-speed motor road running from West – East across Georgia. The EIB will give a long-term preferential credit worth €170 million, while the EU will provide a €20 million grant. As part of the project, a four lane highway measuring 52km will be built from Samtrediya – Grigoleti, while the 16km section Grigoleti - Kobuleti stretch will be repaired.
    Read More

Highlighted Content