Three Moroccan companies have just received a loan of 300 million euros granted by the European Bank for Reconstruction and Development (EBRD). These are the National Airports Office (ONDA), the National Motorway Company of Morocco (ADM) and the National Office of Electricity and Drinking Water (ONEE).
The documents relating to these loans were signed on Tuesday by the Minister of Economy, Finance and Administration Reform, Mohamed Benchaaboun. By piloting these files, the Ministry of the (…)
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EBRD Grants $300 Million Loan to Moroccan State Companies Amid COVID Crisis
2 September 2020, by Ginette -
Major Highway Upgrades to Cause Delays Between Marrakech and Casablanca
23 September 2020, by JérômeThe National Motorway Company of Morocco (ADM) informs users that, from September 23 to 30, 2020, the Berrechid-Est interchange will undergo upgrading and redevelopment work. This work will result in temporary traffic disruptions.
The necessary safety devices and signage have been installed in the appropriate places to facilitate the circulation of customer-users. ADM apologizes for the inconvenience caused by this work.
"This work will result in temporary traffic disruption on the (…) -
Moroccan Highway Authority Boosts Support for Domestic Construction Firms
26 September 2020, by Bladi.netNational construction companies will benefit from the support of the National Motorway Company. It has committed to playing a major role as a locomotive to support them.
In this time of crisis, ADM has decided to support the companies in its ecosystem by implementing several measures. It has opted for the systematic involvement of the preference in favor of the national company, except in the case of contrary provisions imposed by international donors for the projects they finance. The (…) -
Morocco’s Highway Authority Faces Revenue Slump Amid COVID-19 Crisis
2 October 2020, by Bladi.netHighway traffic has been severely affected by the Covid-19 crisis. The first half of 2020 was impacted, as well as toll revenues, which are declining. Plunged into the red, the Société Nationale des Autoroutes du Maroc (ADM) is trying to recover.
The first half of 2020 saw a 32% decline in highway traffic and a 29% drop in toll revenues. In total, there was a loss of 437 million dirhams at the end of June 2020 compared to the same periods of the previous year. This result stems from the (…) -
Morocco’s Highway Toll Pass "Jawaz" Surpasses 1 Million Users
11 October 2020, by Bladi.netThe number of "Pass Jawaz" users has exceeded the one million mark. A performance that the National Motorways Company of Morocco (ADM) is proud of.
"The National Motorways Company of Morocco is proud to announce that the number of "Pass Jawaz" users has exceeded the one million user mark," says ADM in a press release. This achievement is the result of the trust shown by citizens who have opted for the automatic, secure, simple and accessible payment method without a contract and without (…) -
Morocco Pushes Forward with Highway Projects Despite Pandemic Revenue Loss
18 October 2020, by Bladi.netThe National Motorway Company of Morocco is working to deliver the ongoing construction sites. Neither the health crisis nor the drop in turnover have slowed down the ambitions of the public company.
The work to deliver the ongoing construction sites is accelerating, despite the loss of turnover estimated at 437 million dirhams in the first half of 2020 recorded by the sector. In the same vein, toll revenues have fallen. However, priority projects have been maintained and are progressing. (…) -
Morocco Upgrades Casablanca-Berrechid Highway with New Toll System to Ease Traffic
19 October 2020, by Bladi.netThe new generation of toll booths equipped with a new toll system on the Casablanca-Berrechid motorway was put into service on Saturday by the Minister of Equipment, Transport, Logistics and Water, Abdelkader Amara.
To improve traffic flow, the government has launched new generation toll booths. Several months after intense work, the new toll system on the Casa-Berrechid motorway is finally operational. The work has made it possible to remove two toll booths, one located in Berrechid (…) -
Moroccan Highway Firm Expands Across Africa with Major Infrastructure Projects
25 October 2020, by JérômeThe engineering subsidiary of the Moroccan Motorways (ADM) group, ADM Projet, is accumulating contracts on the African continent. Several African countries have already and continue to benefit from its expertise.
"We have a lot of projects in sub-Saharan Africa," said the top management of ADM Projet, cited by Challenge, confirming the grip of this company in this region of Africa. The company that manages the major highway projects in the kingdom is expanding its work area on the African (…) -
Morocco’s Highway Authority Secures €75 Million Loan for Major Expansion Projects
2 January 2021, by JérômeIn this report, Autoroutes du Maroc (ADM) reviewed the various achievements, figures and challenges that marked this year. Thus, during the year 2019, ADM signed a concessional loan agreement with the European Investment Bank (EIB) for an amount of 75 million euros, or nearly 810 MDH, for the financing of the widening to 2x3 lanes of the ring roads of Casablanca and Casablanca-Berrechid. ADM also signed 52 agreements with international donors, and used in particular self-financing generated (…)
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European Investment Bank Grants €85 Million Loan to Morocco’s National Highway Company
8 January 2021, by GinetteThe Board of Directors of the Société Nationale des Autoroutes du Maroc (ADM) has approved the financing contract with the European Investment Bank (EIB). It is a loan of 85 million euros.
In a press release, ADM stressed that this financing contract without a state guarantee is a first and a great sign of confidence. In addition to this contract, the Board of Directors of ADM, which met on December 25 under the chairmanship of Abdelkader Amara, Minister of Equipment, Transport, Logistics (…)