The European Investment Bank (EIB), as the bank of the European Union (EU), is “fully” committed to translating the priorities of the Morocco-EU partnership into concrete actions, head of EIB’s representation in Morocco Adrien de Bassompierre said on Tuesday in Rabat.
“The €740 million in funding signed in 2025, the highest level recorded since 2012, illustrates our commitment to resilience, energy transition, water security, and post-earthquake reconstruction of essential infrastructure,” de Bassompierre stated at a press conference held by the EU Delegation to Morocco and the EIB to present the results for 2025 and the main priorities and prospects for 2026.
According to him, this momentum contributes to sustainable and inclusive development for the benefit of citizens, within the framework of close cooperation between Morocco and the EU.
For his part, EU Ambassador to Morocco Dimiter Tzantchev stressed that “Morocco remains a key partner for the European Union in its southern neighborhood and one of the main beneficiaries of our funding in the North Africa-Middle East region.”
This long-term cooperation is based on mutual trust and common interests, he said, adding that the EU, buoyed by the progress made at the last Association Council, intends to continue and deepen this partnership, in particular through the new Mediterranean Pact and the Global Gateway initiative, in order to support structural projects that offer concrete opportunities.
The operations, carried out in 2025 by the EIB through EIB Global, its branch dedicated to operations outside the EU, support structural investments in sectors that are essential for the Kingdom’s economic, social, and climate resilience, in close coordination with the Moroccan authorities and the EU delegation in Morocco.
The funding signed by the Bank in Morocco is mainly divided between three sectors, notably €70 million to the water sector through the National Office for Electricity and Drinking Water (ONEE) – Water Branch; €170 million loan with ONEE – Electricity Branch for the energy sector; and €500 million to post-earthquake reconstruction in the regions affected by the earthquake of September 8, 2023, the second part of the overall €1 billion program.
In 2026, the EIB plans to further support structural investments in Morocco, focusing on infrastructure modernization, access to water, energy transition, post-earthquake regional development, and support for the private sector.
This meeting was held against the backdrop of a political context marked by the 15th Morocco-EU Association Council held in Brussels on January 29.
The EU-Morocco partnership is based on ambitious technical and financial cooperation, which has resulted in total funding of MAD 3.5 billion in 2025.
More than two-thirds of Moroccan exports are destined for the European market, while more than half of Morocco’s imports come from the EU. This economic partnership, which generates growth, employment, and stability on both sides of the Mediterranean, is a key driver of shared development.
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