Agence Nationale des Ports (ANP)-Port Upgrade

Location:

Morocco

Project number:

51827

Business sector:

Transport

Notice type:

State

Approval date:

01 Sep 2021

Status:

Passed Structure Review, Pending Final Review

PSD disclosed:

20 Apr 2020

Project Description

Provision of a non-sovereign loan of up to EUR 40 million to the Agence Nationale des Ports ("ANP") to finance the rehabilitation, the upgrade and the strengthening of the infrastructures' resilience in the Moroccan ports of Agadir, Kenitra, Casablanca, Sidi Ifni, Tan-Tan and Larache (the "Project"). The Bank's loan would be accompanied by the mobilisation of grant funding of USD 6.2 million from the Global Environment Facility.

Project Objectives

The Project's objectives are to support ANP in financing some components of its investment programme, with the aim to preserve the ports infrastructure assets, improve the infrastructure resilience, and integrate and mainstream climate change adaptation measures into ANP's infrastructure investments. This will lead to a systemic impact on how ANP incorporates climate change adaptation into its investments.

Transition Impact

The expected transition impact of the Project will derive from its contribution to the Green quality. Indeed, the project will finance works to improve climate change resilience in Moroccan ports, which are exposed to extreme weather events such as storms and extreme waves and winds with increased frequency and severity.

Under the Green quality, EBRD also targets the introduction of best international climate resilience measures and climate risk management strategy by ANP. 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.

Client Information

NATIONAL PORT AGENCY

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, 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

EUR 40,000,000.00

A non-sovereign loan of up to EUR 40,000,000 to be confirmed following mutual agreement

Total Project Cost

EUR 45,715,456.00

EBRD's loan and GEF's capex grant are expected to finance the project components below

  • Kenitra, refurbishment of port quays
  • Agadir, strengthening of the main jet of the commercial port 
  • Agadir, refurbishing the fishing port's quays 
  • Agadir, Construction of a 3rd access to the port 
  • Larache, maintenance and refurbishing the fishing port's quays
  • Casablanca, strengthening protective dikes 
  • Sidi Ifni, strengthening the platforms and medians of dock 5 
  • Sidi Ifni, set up of floating wharves in fishing port 
  • Tan-tan, strengthening and rehabilitation of berths 

Additionality

EBRD's involvement is considered additional in terms of risk mitigation, as it will help the client mitigate physical transition risks and take climate action, by identifying and managing physical climate risks and improving its internal corporate governance for managing climate risks. EBRD also offers an innovative financing structure, a loan to a Moroccan state owned entity without a sovereign guarantee.

Client seeks EBRD expertise on higher environmental standards, above 'business as usual' and client makes use of EBRD expertise on best international procurement standards.

EBRD's involvement is designed to trigger a change in the sector framework, to enhance practices at the sector level.

Environmental and Social Summary

Categorised B under the 2014 ESP. Key E&S impacts/risks associated with the rehabilitation of protection infrastructures in some Moroccan ports include occupational health and safety and labour conditions during construction, management of dredging materials and impact on marine water (e.g. turbidity). Environmental and Social (E&S) due diligence is ongoing and is undertaken in-house. It includes a site visit to one port, a review of ANP corporate environmental, social and H&S management systems in place and capacity to undertake the projects in line with EBRD PRs, and a desktop review of the investment plan.

Technical Cooperation and Grant Financing

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 funding of a procurement specialist to assist in project implementation.

The TC programme is subject to further amendments by mutual agreement between ANP and EBRD.

Company Contact Information

M. Abdellatif LHOUAOUI
LHOUAOUI@anp.org.ma
00 212 5 20 20 07 32
https://www.anp.org.ma/Pages/Home.aspx

PSD last updated

20 Apr 2020

Understanding Transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and the associated Performance Requirements (PRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”.  The ESP and the PRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation as well as to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about environmental and social performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD additionally requires its clients to disclose information, as appropriate, about the risks and impacts arising from projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and Compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all activities of the Bank in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The Bank believes that identifying and resolving issues at the project assessment approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts, and also helps to monitor integrity risks in projects post-investment.

OCCO is also responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, both within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. All matters reported will be handled by OCCO for follow-up. All reports, including anonymous ones, will be reviewed. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations following its entry into force on 1 January 2020. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD Enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM  via email ipam@ebrd.com to get guidance and more information on IPAM and how to submit a request.

 

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