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鈧�246m in funding secured for Morocco highways project
20 December 2023
The planned route for the Guercif-Nador highway. (Image: Minist猫re de l鈥橢quipement et de l鈥橢au)
A new highway project in Morocco has secured a total of 鈧�246 million in funding for its construction.
The Guercif-Nador highway project will run a total distance of 104km, connecting Guercif, Saka and Driouch to the new port of Nador on the west Mediterranean sea.
The project is expected to cost a total of 7.4 billion Moroccan Dirhams (鈧�670 million) and will be split into three sections: a 36.5km section from Guercif to Saka; 40.5km from Saka to Driouch; 27km from Driouch to Nador West Med.
The African Development Bank will contribute 鈧�200 million to the project, with a further 鈧�46 million coming from the Africa Growing Together Fund (AGTF).
The project is part of a drive to modernise Morocco鈥檚 transport infrastructure and related services to boost its logistics competitiveness.
The transport sector is one of the main drivers of Morocco鈥檚 economic growth, contributing 10% of government revenue and employing 5% of the working population.
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