|Approval Date||16 Dec 1998|
|Signature Date||08 Mar 1999|
|Planned Completion Date||30 Jun 2005|
|Last Disbursement Planned Date||30 Jun 2005|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||21030|
The railway rehabilitation project is part of the overall transport sector aiming to ensure an optimal distribution of inter-regional trade in Morocco. The railways transport phosphates, which are Morocco's main export product and the main source of foreign exchange for the economy. The restructuring of ONCF, by creating the conditions for efficient and reliable transport, contributes to the promotion of exports and the competitiveness of Moroccan phosphate production. The investment as conceived will reduce the economic incidents and losses suffered by the railway operator and will generate significant added value for the national economy. All components of the project will be implemented over 60 months; the ADB component of the project will run for 48 months from loan approval by the Bank.
The main objective of the project is to restore and improve the transport capacity of the National Office of Railways (ONCF) under the best conditions of cost and in order to adapt it to a more competitive environment in the national transport market. The purpose of the project is to carry out earthworks for lane renewal and track rectification.
The program will benefit directly to the National Office of Railways (ONCF).
African Development Bank
Government Of Morocco
Office National des Chemins de Fer
|Last Update||31 Oct 2019|