Application d’une Évaluation des Actifs Durables (SAVi) Pour la Voie de Contournement de Rabat au Maroc: Gros plan sur les infrastructures routières

This case study describes the application of the Sustainable Asset Valuation (SAVi) methodology to the Rabat bypass road project in Morocco. The analysis, conducted by the International Institute for Sustainable Development (IISD) for Autoroutes du Maroc (ADM), evaluates the financial impact of operational risks and external factors—such as CO2 emissions and accident costs—that are typically omitted from conventional financial analyses.

• The SAVi methodology was used to evaluate the Rabat bypass, a 4.1 km toll road inaugurated in August 2017 that includes the Mohammed VI bridge. The goal was to inform Autoroutes du Maroc (ADM) about costs related to operational risks and their impact on the project's overall financial viability, marking the first time ADM evaluated project-related external factors and risks in financial terms.
• The analysis incorporated four specific external factors to determine their effect on project costs, revenues, and financial viability: the social cost of carbon (CO2 emissions), the economic value of time saved, the economic cost of accidents, and discretionary spending resulting from labor wages created by the project.
• Integrated cost-benefit analysis reveals that external factors significantly alter the project's financial outlook compared to conventional analysis. For example, in 'Scenario 2' (reduced maintenance spending), a decrease in maintenance costs from 73.64 million euros to 65.34 million euros is associated with an increase in accident costs from 212 million euros to 236 million euros.
• The study simulated various risk scenarios, including climate change impacts. In 'Scenario 6', climate-driven road damage every 10 years over 2 km leads to a 7.3 million euro increase in operational capital expenditures and a decrease in traffic due to frequent disruptions, resulting in a negative integrated cost-benefit analysis of -8.8 million euros.
• Financial indicators across the simulated scenarios generally show a negative Net Present Value (NPV/VAN), suggesting that the project's discounted cash flows do not cover investment and operational expenses, indicating it is not a robust investment for equity or debt holders.

APA

Bassi, A. M., Casier, L., Pallaske, G., Perera, O., & Uzsoki, D. (n.d.). Application d’une Évaluation des Actifs Durables (SAVi) Pour la Voie de Contournement de Rabat au Maroc: Gros plan sur les infrastructures routières. International Institute for Sustainable Development. https://www.iisd.org/system/files/publications/savi-contournement-morocco-brochure-fr.pdf

Chicago

Bassi, Andrea M., Liesbeth Casier, Georg Pallaske, Oshani Perera, and David Uzsoki. Application d’une Évaluation des Actifs Durables (SAVi) Pour la Voie de Contournement de Rabat au Maroc: Gros plan sur les infrastructures routières. International Institute for Sustainable Development, n.d. https://www.iisd.org/system/files/publications/savi-contournement-morocco-brochure-fr.pdf.

Wikipedia

{{cite report |last1=Bassi |first1=Andrea M. |last2=Casier |first2=Liesbeth |last3=Pallaske |first3=Georg |last4=Perera |first4=Oshani |last5=Uzsoki |first5=David |title=Application d’une Évaluation des Actifs Durables (SAVi) Pour la Voie de Contournement de Rabat au Maroc: Gros plan sur les infrastructures routières |publisher=International Institute for Sustainable Development |url=https://www.iisd.org/system/files/publications/savi-contournement-morocco-brochure-fr.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{bassindapplication, author = {Bassi, Andrea M. and Casier, Liesbeth and Pallaske, Georg and Perera, Oshani and Uzsoki, David}, title = {{Application d’une Évaluation des Actifs Durables (SAVi) Pour la Voie de Contournement de Rabat au Maroc: Gros plan sur les infrastructures routières}}, institution = {International Institute for Sustainable Development}, url = {https://www.iisd.org/system/files/publications/savi-contournement-morocco-brochure-fr.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }