Morocco secures €365 million from EIB to upgrade transport infrastructure

In a significant move to modernize national transit, Morocco and the European Investment Bank (EIB) have finalized financing agreements totaling €365 million in Rabat. These funds are specifically allocated to bolster the durability and safety of the Kingdom’s extensive road and rail infrastructure.

Strategic investments for rail and road safety

The first portion of this financial package includes a €50 million loan from the EIB, paired with a €15 million grant from the European Union. This investment is directed toward the Office National des Chemins de Fer (ONCF) for its railway rehabilitation project. The agreement was formalized by Lionel Rapaille of EIB World, Mohamed Smouni of ONCF, and Daniele Dotto from the EU delegation, with Minister of Economy and Finance Nadia Fettah and EIB President Nadia Calviño in attendance.

A second major agreement involves a €300 million loan granted to the Société Nationale des Autoroutes du Maroc (ADM). This substantial funding is dedicated to the ADM highway resilience project, ensuring that the country’s high-speed road network can withstand future challenges.

A half-century of cooperation

During the ceremony, Nadia Calviño emphasized that Morocco remains a cornerstone strategic partner for the EIB. She praised the Kingdom’s role as a driving force for economic stability and growth across the region. Minister Nadia Fettah echoed these sentiments, highlighting the deep-rooted nature of this collaboration, which spans five decades of partnership and 20 years of permanent EIB operations within Morocco.

According to the Minister, these new financial commitments support tangible projects that promote modern, sustainable mobility. This partnership continues to deliver concrete benefits for the population, reinforcing the EIB’s role as a primary investment engine for the EU in Morocco, focused on economic development, social cohesion, and climate-conscious infrastructure.