mohammed_1981
17-01-2007, 17:17
New motorway to link Fes-Oujda by 2010
Fès, Jan.16 - A 328-Kilometer long motorway will link, as of 2010, the central city of Fès and the eastern town of Oujda, at the border with Algeria. The total cost of this project exceeds USD 1Bn.
Launched, here Tuesday, by king Mohammed VI, the construction works are expected to last 42 months.
Several national and international companies, namely, the Kuwait Fund for Arab Economic Development (USD 104.7Mn), Arab Fund for Economic and Social Development (USD 209.4Mn) and European Investment Bank (USD 230.4Mn) participate in the project.
The Islamic development Bank contributed with USD 125.6Mn while the Abu Dhabi Fund earmarked USD 26.1Mn, OPEC offered USD 26.1Mn and Moroccan government, besides The Hassan II Fund for Economic and social Development, dedicated some USD 232.7Mn to the project.
Once finished, the Fes-Oujda motorway will be included in the future Maghreban motorways network, linking Nouakchott (Mauritania) to Tobrouk(Libya).
The national motorways network which totals 640 Kms is to reach 1,420 kilometers by 2010.
http://www.map.ma/eng/sections/royal_activities/new_motorway_to_link/view
Fès, Jan.16 - A 328-Kilometer long motorway will link, as of 2010, the central city of Fès and the eastern town of Oujda, at the border with Algeria. The total cost of this project exceeds USD 1Bn.
Launched, here Tuesday, by king Mohammed VI, the construction works are expected to last 42 months.
Several national and international companies, namely, the Kuwait Fund for Arab Economic Development (USD 104.7Mn), Arab Fund for Economic and Social Development (USD 209.4Mn) and European Investment Bank (USD 230.4Mn) participate in the project.
The Islamic development Bank contributed with USD 125.6Mn while the Abu Dhabi Fund earmarked USD 26.1Mn, OPEC offered USD 26.1Mn and Moroccan government, besides The Hassan II Fund for Economic and social Development, dedicated some USD 232.7Mn to the project.
Once finished, the Fes-Oujda motorway will be included in the future Maghreban motorways network, linking Nouakchott (Mauritania) to Tobrouk(Libya).
The national motorways network which totals 640 Kms is to reach 1,420 kilometers by 2010.
http://www.map.ma/eng/sections/royal_activities/new_motorway_to_link/view