Business
EBRD: More than 5 billion euros invested in Morocco
The European Bank for Reconstruction and Development has invested more than 5 billion euros in Morocco, covering various sectors, while providing technical expertise, political dialogue, and innovative financial instruments to meet infrastructure needs, according to a vision focused on climate and populations.
The Vice President of the European Bank for Reconstruction and Development (EBRD), Mark Bowman, reiterated on Wednesday the institution’s commitment alongside Morocco to make the 2030 World Cup a lever for developing climate-resilient, inclusive, and sustainable infrastructure.
Speaking at the event “2030 World Cup, World Climate,” held at Mohammed VI Polytechnic University (UM6P-Rabat), Mr. Bowman praised the ambition displayed by the Kingdom to host this competition, in partnership with Spain and Portugal, respecting high standards of governance, sustainability, and inclusion.
This ambition aligns with the EBRD’s strategic priorities, which stands ready to act as a financial and strategic partner, adding that the bank has invested more than 5 billion euros in Morocco, covering various sectors, while providing technical expertise, political dialogue, and innovative financial instruments to meet infrastructure needs, according to a vision focused on climate and populations.
The EBRD representative, in this regard, warned against the effects of climate change on infrastructure (energy, transport, water, telecoms) and called for more resilient planning, highlighting the example of the city of Agadir, the first in Morocco to issue a municipal bond with the support of the EBRD, as part of the “Green Cities” program.
Likewise, he emphasized the importance of inclusion, particularly the economic empowerment of women and youth, noting that “diversity is not a luxury, but a necessity for sustainable development.”
For Mr. Bowman, governance was identified as a fundamental pillar of sustainable infrastructure. In this regard, the EBRD welcomed having supported the State Holdings Agency and the Ministry of Economy and Finance in implementing the State Ownership Policy, adopted in December 2024, which strengthens the transparency and performance of public enterprises, he explained.
“Public enterprises, as key players in the field of infrastructure, must benefit from clear mandates and better governance to attract private investments and improve service quality,” he insisted, expressing the EBRD’s willingness to support the Kingdom on its path toward a prosperous future.
