Morocco will invest $ 100 million in road projects in 1999

Morocco will invest $ 100 million in road projects in 1999, Moroccan equipment department said on Tuesday.

The money will serve to carry out several highway projects in various regions of the country, the same source added.

In 1998, the Moroccan Highway Company ADM-- which is in charge of the highways construction, maintenance, management and exploitation-- invested around usd 130 million in road projects.

The ADM turnover is expected to double in 1999 to $ 133 million compared to the figures forecasted this year.

Morocco is building annually nearly 100 km of highway to reach a targeted 1,000 km of highways by the year 2000.

The Moroccan authorities have also set a national road program providing for the construction of 10,000 km of rural roads within 7 to 9 years.

The $ 73 million program, which was launched in 1995, seeks to construct annually some 1,370 km roads.