The Kingdom of Morocco has finalized agreements totaling 365 million euros with the European Investment Bank (EIB) to bolster the resilience and safety of its road and rail networks.

strategic investments in rail and highway infrastructure

In a ceremony held in Rabat, key figures from Morocco’s transport sector and European institutions signed two landmark agreements. The first involves a €50 million loan from the EIB, complemented by a €15 million grant from the European Union, aimed at rehabilitating and modernizing Morocco’s railway system in collaboration with the National Office of Railways (ONCF).

The second agreement focuses on highway infrastructure, with the EIB providing a €300 million loan to the National Motorway Company of Morocco (ADM) to enhance the durability and safety of the country’s motorway network.

a partnership built on decades of collaboration

Speaking at the signing event, the EIB President underscored Morocco’s pivotal role as a long-standing strategic partner for the bank, highlighting the kingdom’s contribution to regional stability and economic growth. The minister of Economy and Finance echoed this sentiment, emphasizing the depth of Morocco’s strategic alliance with the EU and the EIB—an enduring relationship spanning five decades, including two decades of continuous EIB presence in the country.

The new financing agreements, amounting to €365 million, reflect a commitment to sustainable and modern mobility solutions. They also serve as a testament to the tangible outcomes generated by this robust partnership, directly benefiting Moroccan citizens through improved transport infrastructure.

the EIB’s enduring role in Morocco’s development

For nearly half a century, the EIB has been a cornerstone of Morocco’s economic development, driving investments that foster social cohesion and climate action. These latest projects align with the bank’s mission to support resilient and forward-thinking infrastructure across the region.