EIB Invests €85 Million to Digitalize Morocco’s Highway Network

This strategic investment program aims to accelerate the digitalization of highway transport infrastructure in the kingdom, promoting increased mobility of people, goods and services. For Ricardo Mourinho Félix, Vice-President of the EIB, responsible for financing in Morocco, "this is a vast program of modernization and strengthening of the country’s 1,800 km of motorway network". And Anouar Benazzouz, CEO of ADM, is delighted: "The EIB is a leading partner who accompanies us on several investment projects. Moreover, we are not surprised that the European Investment Bank has chosen to accompany us also in a field as strategic as digitalization to improve motorway safety and ensure traffic fluidity".

Thus, ADM will have equipment to have real-time information on traffic conditions across the entire motorway network. A great step forward given the constant increase in the number of vehicles in circulation. With the digitalization of payment systems and the installation of new types of electronic toll collection, it is the user who gains in time, cost and safety, while benefiting from new customizable services, observe the partners of this initiative.

These new infrastructures will also make it possible to optimize the compensation of losses due to the health crisis, as well as the reduction in the number of toll frauds. Environmental interests complement these, since the pollution generated by stops at manual toll lanes will be reduced.

More than 6,000 jobs should be created during the implementation phase of the project, says ADM, adding that the loan amount exceptionally covers up to 83.6% of the total project cost, normally limited to 50% by the Bank’s statutes, and this, in accordance with the emergency operational measure taken last April.