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Morocco - Rabat-Salé Airport Modernisation And Extension Project (PEMARS) - Project Appraisal Report

14-Nov-2019

The implementation of this project is consistent with efforts to develop the transport sector, including the continued upgrading and modernisation of infrastructure and services to boost the logistical competitiveness of the national economy. The Rabat-Salé Airport Extension and Modernisation Project falls within the framework of the National Airport Master Plan up to 2035 (Ajwae 2035) aimed at supporting various sector policies, especially: (i) the Tourism Vision 2020 targeting 20 million tourists by 2020 and which will have a strong impact on air traffic development; (ii) the Logistics Strategy aimed at positioning Morocco as a regional logistics hub in Africa ; and (iii) the Industrial Acceleration Strategy aimed at accelerating industrialisation through ecosystem-based development. The project is listed in the ONDA Investment Programme 2018-2022, and will help to meet air transport demand and needs mostly for economic and tourism activities. The project components are: (i) construction works and equipment of a new terminal; (ii) construction works of related facilities (aircraft parking areas, car parking lots, slip roads and access roads; and (iii) the supply and installation of terminal security and safety equipment. The implementation of project activities will span from January 2019 to April 2021. The total project cost, net of taxes and customs duty, is estimated at EUR 171 million. The project will be jointly financed by the Bank through an ADB loan of EUR 75 million (43.9%), the French Development Agency for EUR 17.51 million (10.2% of project costs) and Office National Des Aéroports (National Airports Authority) (ONDA) for EUR 78.49 million (45.9% of the project cost).

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