| Project Detail |
As per section 1.4.2 (iii) of the Directive on Access to Information: For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD. Project Description Provision of a senior corporate loan comprising of (a) a committed tranche of up to MAD 160 million (EUR 15.4 million equivalent) and (b) an uncommitted tranche of up to MAD 46.5 million (EUR 4.5 million equivalent), to Dachser Morocco (the Client) to finance the construction of a new transport branch and logistics warehouse terminal in the Tangier region (the Project). Project Objectives The Project will facilitate the Clients operational expansion and growth to meet increasing demand, while improving cost efficiency. The Project encourages an innovative approach to logistics warehousing, supporting the Client in achieving their first-ever EDGE (Excellence in Design for Greater Efficiencies) Advanced certified warehouse in Morocco. |
