The European Investment Bank anticipates more than 700 million euros in investments in Morocco by 2026.
The European Investment Bank (EIB) plans to mobilize over 700 million euros in Morocco by 2026 to finance strategic projects across several key sectors, marking a significant strengthening of its partnership with the Kingdom.
This announcement was made by EIB President Nadia Calviño during her first official visit to Morocco. She highlighted that funding extended to the Kingdom has tripled over the past five years, illustrating the growing cooperation between both parties.
Having been present in Morocco since 1979, the European Investment Bank has already contributed to financing projects totaling more than 12 billion euros. These investments primarily focus on infrastructure, renewable energy, innovation, higher education, and digital infrastructure.
Among the iconic projects supported by the EIB are the Tanger Med Port, the Noor Ouarzazate Solar Complex, the Euro-Mediterranean University of Fes, and the Medusa underwater fiber optic cable, all of which demonstrate the institution’s commitment to Morocco’s sustainable development.
According to Nadia Calviño, this collaboration reflects the alignment of priorities between Morocco and the European Union, particularly in the areas of sustainable infrastructure, modernization of transport networks, support for businesses, improving access to education, and territorial development.
The EIB leverages various financial instruments, combining loans, technical assistance, grants, and European guarantees, to support projects with significant economic, social, and environmental impact.
The bank president also announced that the EIB will assume the presidency of the Multilateral Development Banks Group in 2027. She reaffirmed the institution’s commitment to supporting Morocco in its energy transition, enhancing its industrial competitiveness, developing the private sector, modernizing infrastructure, and strengthening economic ties with the European Union.
With this new investment program, the European Investment Bank reaffirms its role as a strategic partner to Morocco, endorsing sustainable, resilient, and inclusive growth.
