IBRD Loan: €60 million
Terms: Maturity = 21 years; Grace = 11 years
Project ID: P110833
Project Description: The Second Rural Roads Project for Morocco is an operation supporting implementation of the Government's second National Rural Roads Program (NRRP-2). The additional financing will permit completion of activities of the project, which are currently unfinished due to unanticipated increases in the costs of key inputs (oil, bitumen, construction materials, consumables, labor, etc.), and will support a financing gap due to shortfalls in non-World Bank donor finance.