IBRD Loan: US$136.7 million equivalent
Terms: Maturity = 28 years; Grace = 5.5 years
Project ID: P115659
Project Description: The development objective of the loan is to improve the efficiency of urban transport in Morocco's large cities through: a) better governance of the sector; b) increased performance and supply of urban transport services and infrastructure; and c) higher environmental and social sector sustainability. Improving urban transport has become a key priority for Morocco's central and local governments. Bank support to the urban transport sector in Morocco has been provided in close coordination with international partners, including especially the Agence Francaise de Developpement and the European Investment Bank which are currently providing financial and technical assistance to the sector.
