Morocco to receive EIB funds for road projects

Moroccan road development fund CFR (Caisse pour le Financement Routier) is to receive a US$206.96 million loan from the European Investment Bank (EIB). The funds will be used for road modernisation in order to reduce congestion and improve the safety of road users. Around 30 sites will be modernised and 1,650km of roads will be widened.
March 27, 2014 Read time: 1 min
Moroccan road development fund CFR (Caisse pour le Financement Routier) is to receive a US$206.96 million loan from the 1054 European Investment Bank (EIB).  The funds will be used for road modernisation in order to reduce congestion and improve the safety of road users. Around 30 sites will be modernised and 1,650km of roads will be widened.
Road Structures

For more information on companies in this article

Related Content

  • New Holland machines for Moldavia
    December 4, 2013
    The Moldovan Ministry of Transport and Road Infrastructure is investing €150 million to upgrade and refurbish 200km of the country’s major highway links. This funding is coming through a loan being provided by the European Bank for Reconstruction and Development (EBRD).
    Read More
  • STRABAG wins Uganda road contract
    February 13, 2020
    Contractor STRABAG is to rebuild a section of road in Uganda.
    Read More
  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
    Read More
  • Uzbekistan road rebuild receives majority WB funding
    January 31, 2017
    Uzbekistan is introducing a new road development programme. The majority of the necessary funding for the work is being provided by the World Bank (WB). The financing for the projects is being delivered in the shape of a series of loans worth a total of US$200 million, although the specific terms of deal have not so far been released. In all 394km of roads are being rebuilt under the programme, which is intended to boost transport in the country. Some $240 million is required in all to pay for Uzbekistan’s
    Read More

Highlighted Content