MA North-East Economic Development Project (WB-P167894)

Countries
  • Morocco
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 31, 2020
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of the Kingdom of Morocco
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 26, 2019

Disclosed by Bank Jun 12, 2019

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank documents, the proposed project objective is to increase economic activity and enhance access to economic opportunities in the Project area. 

The Project will help create jobs in the Project Area by supporting interventions that will maximize the impact and spillovers of the NWM complex and foster social economic activities in the Project Area. It will also help align, coordinate and synchronize the needed soft and hard investments to maximize the impact of the NWM complex on the
economic activity in different provinces in the Project area. The Project will focus on three areas of intervention:

  1. Component 1: Supporting the development of competitive industrial activities leveraging Nador West Med in the Project Area;
  2. Component 2: Supporting the development of social economic activities leveraging existing potential in the Project Area;
  3. Component 3: Improving physical connectivity between NWM and economic poles, to support component 1 and component 2.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank:
Diep Nguyen-Van Houtte, Mariem Malouche, Nabil Samir
Lead Transport Specialist

Borrower:
Kingdom of Morocco
Abdelkrim El Amrani
Director of International Cooperation, Ministry of General A
elamrani@mag.gov.ma

Laila Hammouchi
Governor, DPE, Ministry of Interior
lhammouchi@interieur.gov.ma

Implementing Agency:
Ministry of Equipment, Transport, Logistics and Water
Ahmed Imzel
Director of Roads
imzel@mtpnet.gov.ma

Nador West Med SA
Jamal Benjelloun
CEO
j.benjelloun@nadorwestmed.ma 

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

How it works

How it works