Translated version of this PSD: French
The EBRD is considering a non-sovereign loan of up to EUR 40 million to the Agence Nationale des Ports ("ANP") to finance the the rehabilitation, the upgrade and the strengthening of the protection
infrastructures in the Moroccan ports of Agadir, Safi and Nador (the "Project"). The Bank's loan would be accompanied by the mobilisation of grant funding from the Global Environment Facility.
The Project's objectives are to assist ANP in financing some components of its investment programme over the 2016-2020 period with the aim to preserve the ports infrastructure assets, improve the infrastructure resilience, and include the climate change adaptation into ANP's infrastructure investments. This will lead to a systemic impact on how ANP incorporates climate change adaptation into its investments.
Transition impact is expected to be derived from the following actions:
Skills Transfer: the introduction of best international climate resilience measures and climate risk management strategy by ANP.
Setting Standards of Corporate Governance and Business Conduct: With the support of a Technical Cooperation (TC) Programme, ANP will update technical guidance standards on climate resilience in ports and will host workshops with other market players in the sector (including private port operators) on the application in Morocco of best international practices on climate resilience in ports.
AGENCE NATIONALE DES PORTS
ANP is the regulatory agency of the Moroccan port sector. ANP was established in Dec. 2006 and is responsible for:
- Regulating the Moroccan port landscape, activities and operators by ensuring transparency of market practices as well as preserving and promoting competitiveness in the port sector
- Preserving, maintaining, developing and modernizing the port infrastructure assets, facilitating ships and goods transit in the best conditions, cost and time
- Optimising the use of port assets by simplifying procedures and improving port organisation and operations
- Ensuring safety and security and respect for the environment in the ports, ensuring the implementation of the regulations governing the port area (port police, port regulation, international norms and standards for security, etc.)
- Protecting the environment regarding the monitoring of the environmental impacts from investments of the ANP and the port community activities.
EBRD Finance Summary
A non-sovereign loan of up to EUR 40,000,000 to be confirmed following mutual agreement
Total Project Cost
Total project costs for the three ports to be financed are estimated as follows:
Nador EUR 16 million
Safi EUR 19 million
Agadir EUR 11 million
Environmental and Social Summary
The Project has been categorised B in accordance with the 2014 EBRD Environmental and Social (E&S) Policy, as the potential impacts of the strengthening of breakwaters and jetties in Agadir, Safi
and Nador are expected to be site specific and readily identifiable and addressed through mitigation measures. The environmental and social due diligence for the Project is currently ongoing. It includes an environmental and social audit to assess the ANP's management capacity and systems to manage environment, health, safety and labour issues in its operations and an analysis of the Project's E&S impacts and benefits. It will also assess the ANP's ability to carry out the Project in compliance with the Bank's Performance Requirements.
Preliminary meetings with ANP's management have indicated that the Client has a lot of elements of an Environmental and Social Management System in place, and is currently formalising them into an
overarching ISO-14001-compliant system.
Based on the findings of the ESDD, an Environmental and Social Action Plan (ESAP) will be prepared for the Project.
This PSD will be updated when the due diligence is completed.
TC support for this operation includes assistance with Project implementation through provision of assistance in implementation of a programme of capacity building relating to instututional aspects of climate change adaptation, support in implementation of IFRS and potentially funding of a procurement specialist to assist in project implementation.
The TC programme is subject to further amendments and confirmation.
Company Contact Information
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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Text of the PIP