EIB President Calviño in Morocco: With New Investment for Resilient Transport Networks, Boosting Connectivity and Economic Opportunities

EIB President Nadia Calviño is visiting Morocco to reaffirm the Bank’s long-standing partnership with the Kingdom and stepped-up support for shared priorities in sustainable infrastructure, climate action and resilience, at a time of renewed momentum in EU–Morocco relations.

As the financing arm of the European Union, the EIB announced €365 million in investments in Morocco’s transport sector. These operations will strengthen the resilience and security of Morocco’s motorway network and national railway system. The railway operation also benefits from a €15 million EU grant supporting targeted climate-resilience measures.

These investments will improve mobility, enhance infrastructure resilience and deliver tangible benefits for citizens and businesses. They will also contribute to strengthening regional integration and deepening economic links between Europe and Africa.

This builds on the EIB’s continued support for Morocco, including the recent announcement of a second tranche of a second €500 million tranche for post-earthquake reconstruction, with a focus on resilience, gender equality and social impact in the regions affected by the 2023 earthquake.

The EIB is also advancing its partnership with the Mohammed VI Investment Fund, Morocco’s leading sovereign fund, to help mobilise private capital for businesses, infrastructure and venture capital.

“Morocco is a long-standing and strategic partner for the European Investment Bank,” said President Calviño. “As the investment engine of the European Union, we are entering a new phase in our partnership. This reflects the new momentum in the relationship between the EU and Morocco. The EIB’s mission in Morocco is anchored in shared prosperity, social progress and resilience – focusing on accelerating high-impact investments such as the ones we’ve agreed today.”

“The EU-Morocco share a strong and reliable partnership,” said Daniele Dotto, Chargé d’affaires a.i. of the EU Delegation to Morocco. “Together, the EU and the EIB are working hand in hand, providing investments and technical support to develop resilient infrastructure and support Morocco’s economic development.”

For nearly 50 years, the EIB has been a key partner of Morocco and plays a central role as the EU’s investment engine, contributing to economic development, social cohesion and climate action. The Bank works in close coordination with Moroccan authorities, Team Europe and international partners to ensure that its financing delivers measurable and lasting impact.

Compliments to the European Investment Bank – Member of the EACCNY and TRIA (Transatlantic Resilient Infrastructure Alliance)