BOUREGREG 2 URBAN DEVELOPMENT (EIB-20140354)

Countries
  • Morocco
Where the impacts of the investment may be experienced.
Specific Location
Rabat and Salé
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
WESSAL BOUREGREG
The holder of the loan, grant, or other investment.
Sectors
  • Construction
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 75.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 65 million
Converted using 2018-05-30 exchange rate.
Project Cost (USD)
$ 374.04 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 322 million
Converted using 2018-05-30 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Jul 11, 2018

Disclosed by Bank May 30, 2018


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Project Description

The proposed project is a component of the Phase 2 of the national urban development project for the Bouregreg Valley, located between Rabat and Salé in Morocco and served since 2011 by the new Rabat tramway.

Investment Description
  • European Investment Bank (EIB)
Contact Information

*Contact information not provided at the time of disclosure*

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