Société Nationale des

Autoroutes du Maroc

NAMES : ANASS BOUHMALA ; OUISSAL

ALOUI
GROUP : 2
 I would like to welcome you all.Today I will present to you

one of the most important infrastructure construction companies

in Morocco, The Société Nationale des Autoroutes du

Maroc .

ADM is the Morocco's national authority for the management of

over 1400 -km of Moroccan expressways ADM is based

in Rabat, as you know, ADM runs the network on a pay per

use basis, with toll stations placed along its length. Rental

income from rest areas and services (fuel, food and drink

outlets etc.) form a second income beside the collected toll-

revenues.

Not only the management of existing roads is ADM's

responsibility, management of construction projects and

planning of future extensions is part of their mission.

I have divided my presentation into two points, the

management of the company, which includes the revenues, and

the road safety of the Morocco's network of Motorways

Company.
 The management:

ADM is set up as a société anonyme and its market capital

of 6.507.628.500 dirhams has been brought together by:

Fonds Hassan II (the Hasan II Fund): 61, 47%

Trésor public of Morocco: 33, 11%

Public corporations: 2, 09%

Banks and institutional investors: 0, 76%

The Kuwait Investment Authority: 1, 74%

Others: 0, 83%

In 2008, the company will invest 6.684 million dirhams

(Approximately 610 million Euro)

Board of ADM
On top of these board members, major stakeholders have also

a representative in the board

REVENUES:

The main income for ADM are the toll-revenues. The figures

over the past years are:

ADM website over Financial data

Over 2007 ADM collected 1004 MDH in toll (direct pay at

booths and season tickets) and 82 MDH in other revenues

(2006:254 MDh resp. 56 MDh). Due to increasing traffic and

opening of more toll-roads the income from toll has nearly

doubled since 2004 (534 MDH)

Historical figures show a steady growth, starting in 1991 at 46

MDh, 118 in 1995, 342 in 2000 and 640 in 2005.

The top-3 earners are: (2007 and 2006 figures)

Casablanca-Rabat - 306 MDh (252 MDh)

Rabat-Tanger - 269 MDh (212 MDh)

Casablanca - Marrakech - 219 MDh (117 MDh)

Revenues are used to pay for companies management (28%),

interest and other financing costs (47%) and partial repayment

of loans (25%)

Besides developing new roads and manage these projects,

daily operation of existing motorways is also a very important

responsibility of the company. This includes daily and major

maintenance, promote road-security and collect revenue.

The Road safety: One of the goals of ADM is to increase

road-safety in Morocco starting on their own roads. ADM
reports details on serious accidents. A serious accident is an
 accident with at least one injured or killed person. The four
reported figures are:
 serious accidents
 serious accidents with one or more people killed
 number of serious injured people
 number of killed people
All these figures are reported in absolute numbers as well as in
relation to the total number of traveled distance on their
motorways. This number is reported per 100 million travelled
kilometer.

Conclusion:
To summarize;the state-owned company Autoroutes du Maroc
(ADM) administers Morocco’s network of Motorways. It runs the
network on a pay-per-use basis, with toll stations placed along
its length.
-The general speed limit is 120 km/h.
-The first expressway in the country is the A1 Casablanca-
Rabat. Construction of the first section started in 1975 but
completion of this road between the economic and the
administrative capital took 13 years. Originally, usage of the
road was free of charge. The toll-road system was later
introduced as one measure to prevent lengthy construction
times. Finding investors for new roads would be easier when
these roads would generate their own revenue to repay
investors.

In 2006, it was announced that ADM will be investing 6.18

billion dirhams ($859 million) to develop its highway network in
2007.These investment packages are part of the objective that
aim to complete 1,500 km by 2012.

As of August 2016, ADM manages 1808 km of Morocco's toll

roads. As of November 2016 the total length of Morocco's
motorways is 1,808 kilometres (paid) and 1,093 kilometres
expressways. For more informations please visit the ADM
website: adm.co.ma.

Thanks very much. Any questions?