Middle East Economic Survey
VOL. LII
No 45
9-Nov-2009
morocco
EIB Awards New Loan For Moroccan Infrastructure Developments
The European Investment Bank (EIB) has awarded Morocco a 225mn ($332mn) loan to finance the upgrade of the Kingdoms highways network. Autoroutes du Maroc (ADM) plans to widen the Rabat-Casablanca highway and build a 41km highway bypass in Rabat, to be completed in 2012 and 2013, respectively. The loan will also be augmented by technical assistance, in the form of a grant, to...
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