Morocco’s road development benefits from increasing budget

Morocco’s road network is being expanded and developed significantly. This is benefiting from an increased budget for transportation infrastructure from the Moroccan Government. The country expects to spend US$2.99 billion on developing its road network during the 2018-2021 time period, reaching a figure of $747.5 million/year. This is a notable increase from the $694.1 million/year spent during the 2012-2017 period and even more so from the $533.9 million/year spent in the 2008-2011 period.
October 1, 2018 Read time: 1 min

Morocco’s road network is being expanded and developed significantly. This is benefiting from an increased budget for transportation infrastructure from the Moroccan Government. The country expects to spend US$2.99 billion on developing its road network during the 2018-2021 time period, reaching a figure of $747.5 million/year. This is a notable increase from the $694.1 million/year spent during the 2012-2017 period and even more so from the $533.9 million/year spent in the 2008-2011 period.

Finance & Funding

Related Content

  • ASEAN Investors’ Brief: A Dynamic hub for Road Programs
    August 22, 2016
    If the countries of the Association of Southeast Asian Nations (ASEAN) formed a single economic entity, they would represent the 7th largest economy in the world, with an expectation to be the 4th largest by 2050 on current growth patterns. It is a region with much unrealised potential and favourable demographic trends. It also lies at the heart of several regional trade initiatives that will significantly boost infrastructure investments in the region, such as China’s 'One Belt, One Road' programme
    Read More
  • Colombia’s infrastructure development
    December 5, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Egypt’s roads and bridges to benefit
    November 12, 2021
    Egypt’s roads and bridges are to benefit from a new budget
    Read More

Highlighted Content