Casablanca Tramway Ligne 2 (EIB-20150915)

Countries
  • Morocco
Where the impacts of the investment may be experienced.
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
Government of Morocco
The holder of the loan, grant, or other investment.
Sectors
  • Transport
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)
$ 65.32 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 60 millions
Converted using 2017-05-09 exchange rate.
Project Cost (USD)
$ 285.21 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 262 millions
Converted using 2017-05-09 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Sep 22, 2017

Disclosed by Bank Sep 7, 2016


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Project Description
Realisation de la deuxieme ligne de tramway sur la liaison Est-Ouest entre Anoual a Ain Sebaa (15 km) ainsi que l'extension de la premiere ligne vers Lissasfa (2km) comprenant 22 stations, dont 20 sur la deuxieme ligne, un nouveau centre de maintenance et remisage. Le projet vise l'amelioration de la qualite de l'offre de services de transport en commun dans l'agglomeration de Casablanca qui compte plus de 4 million d'habitants et qui souffre d'une forte congestion routiere et d'un veritable manque d'alternatives de transport public. Les resultats escomptes du projet sont un saut quantitatif de la capacite des transports publics et de la fiabilite du service associe avec des frequences plus elevees et des gains de temps assures. Cette amelioration favorise le report modal en reduisant les nuisances associees a d'autres modes de transport tels que les voitures particulieres, les bus et les taxis (emissions polluantes et sonores, de gaz a effet de serre ainsi que l'accidentologie routiere). En plus de ses effets structurants sur le reseau de transport en commun, le projet devrait contribuer a l'amelioration du cadre de vie des quartiers desservis par le trace de la nouvelle ligne de tramway, dont certains defavorises, et renforcer la cohesion sociale par une amelioration de l'accessibilite (aux bassins d'emplois, aux principaux centres d'activites de la ville : universites, centres economiques) en particulier pour les quartiers les plus pauvres de la ville, aidant ainsi a reduire la pauvrete.
Investment Description
  • European Investment Bank (EIB)
Contact Information
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