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The PDU Faces the Challenge of Collecting Contributions in Agadir

Four years after its execution, the updated overall cost of the PDU amounts to MAD 7.3 billion. Currently, out of 5.6 billion dirhams already committed, from 2020 to 2023, the budgets actually paid by the contracting parties reached 4.4 billion dirhams, or 80% of the amounts due at the end of 2023 while a sum of 1.1 MMDH remains to be recovered from financial partners during this period.

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Launched on February 4th, 2020, the Urban Development Program (PDU) of the city of Agadir 2020-2024 celebrated its fourth candle. And if there is a challenge that the Steering, Monitoring and Evaluation Committee of the said program must take up, once again, in addition to that of budget overruns due to the inflationary spiral which has affected construction materials in the construction industry, this is obviously the recovery of partners’ contributions to the PDU.

It is in this sense that this question was raised during the 11th meeting of this committee, held last Friday, in Agadir, as part of the 15 recommendations in the form of resolutions issued.

“It should be noted that there was a delay in the payment of certain amounts of commitments made. In this sense, out of 5.6 billion dirhams committed, from 2020 to 2023, the budgets actually paid by the contracting parties reached 4.4 billion dirhams, or 80% of the sums due at the end of 2023 while the remaining amount is of the order of 1.1 billion dirhams,” insisted Saïd Amzazi, wali of the Souss-Massa region, during his speech. It goes without saying that the updated overall amount of the PDU currently amounts to MAD 7.3 billion.

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PDU recoveries 2020-2023: 1.1 billion dirhams remaining

“It should be noted that there was a delay in the payment of certain amounts of commitments made. In this sense, out of 5.6 billion dirhams committed, from 2020 to 2023, the budgets actually paid by the contracting parties reached 4.4 billion dirhams, or 80% of the sums due at the end of 2023 while the remaining amount is of the order of 1.1 billion dirhams,” insisted Saïd Amzazi, wali of the Souss-Massa region, during his speech. It goes without saying that the updated overall amount of the PDU currently amounts to MAD 7.3 billion after the signing of 15 specific agreements and 12 amendments for the implementation of this program.

For his part, Karim Achengli, president of the Souss-Massa Regional Council, underlined that “the region has mobilized to respect its contractual commitments to achieve all the objectives set out by the PDU”. As a reminder, the key to this program is 94 projects which mobilized nearly 5.9 billion dirhams at its start. Before this amount was revised upwards to stand at 6.2 billion dirhams, halfway through its execution, and at 7.3 billion dirhams currently with the launch of 691 calls for tenders.

For his part, Aziz Akhannouch, president of the Municipal Council of Agadir, affirmed that “the PDU has reached a crucial phase which requires the renewal of efforts in order to complete all the projects within the set deadlines in relation to the next challenges and challenges, notably the organization of the African Cup and that of the World Cup.

In this sense, “we call for the acceleration of urban and landscaping development around the Agadir stadium, but also the projects planned in this area such as the large indoor hall and the Olympic swimming pool, the northern bypass -east and the expressway, as well as the need to complete the work before the summer period in all the entrances to the city and the completion of the first line of the BRT…,” he added.

Commitments made: 6.83 billion dirhams in four years

At the moment, the projects for which the work has been completed are 33 in number, for a total contractual cost of 676 million dirhams, or 9% of the amount of the program (it will be reduced to 709 million dirhams). MDH upon signature of the current amendments, recording the financial overruns of certain projects). As for the completed sub-projects, there are 40 of them, for an investment of 2.1 billion dirhams. In addition, the overall amount of commitments made by the various delegated project owners amounts to MAD 6.8 billion, or 82.5% of the overall cost of the program.

Furthermore, 44 projects are in progress and total a cost of 6.1 billion dirhams, or 84% of the amount of the program, while the projects, for which calls for tenders for the work have been launched, are six in number totaling a cost of 159 MDH, or 2% of the amount of the program. In addition, the projects, the studies of which are in a very advanced phase, are 10 in number and represent an investment of 287 MDH, or 4% of the cost of the program.

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(Featured image by MabelAmber via Pixabay)

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First published in LES ECO.ma. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Helene Lindbergh is a published author with books about entrepreneurship and investing for dummies. An advocate for financial literacy, she is also a sought-after keynote speaker for female empowerment. Her special focus is on small, independent businesses who eventually achieve financial independence. Helene is currently working on two projects—a bio compilation of women braving the world of banking, finance, crypto, tech, and AI, as well as a paper on gendered contributions in the rapidly growing healthcare market, specifically medicinal cannabis.