Assahafa.com
The European Investment Bank (EIB) celebrated on Tuesday in Rabat the 20th anniversary of its presence in Morocco and nearly half a century of partnership, an occasion to reaffirm the shared ambition to further deepen this strategic cooperation in support of Morocco’s development priorities.
The event was attended by EIB President Nadia Calviño, Minister of Economy and Finance Nadia Fettah, Deputy Head of the European Union (EU) Delegation to Morocco Daniele Dotto, as well as several figures from the banking and private sectors.
Speaking on the occasion, Fettah highlighted prospects for strengthening cooperation in investment, the levers for mobilizing the private sector, and mechanisms to support the Kingdom’s development priorities.
She recalled the positive momentum of Morocco’s key macroeconomic indicators, which reflects the strength of the country’s economic fundamentals.
The minister also underscored the investment priorities for the coming years and the major reforms undertaken by the Kingdom, under the enlightened leadership of His Majesty King Mohammed VI, to enhance the resilience of the national economy and strengthen its attractiveness.
She further emphasized the essential role of the private sector as a strategic partner in Morocco’s economic transformation, while outlining the government’s expectations regarding increased private-sector contributions to economic development and the implementation of reforms.
In this regard, Fettah praised the EIB’s major role in supporting this momentum, calling for the partnership to be further strengthened through a shared value-creation approach.
For her part, Calviño highlighted the strength of the longstanding partnership between the EIB and Morocco, reaffirming that the Kingdom is a strategic partner for both the EU and the EIB.
She explained that the Bank’s financing is intended to support projects that foster shared prosperity and good neighborly relations across the region, reiterating the institution’s commitment to further deepening its ties with Morocco in the coming years to support the Kingdom’s major development priorities.
The discussions also highlighted the significant contribution of financial institutions, particularly European ones, to accelerating Morocco’s major economic transformation projects through the financing of high-impact initiatives in strategic sectors such as energy, infrastructure, and water.
The meeting also identified concrete avenues for deepening cooperation, particularly in mobilizing investment and aligning efforts with the Team Europe initiative.
At the conclusion of the meeting, both sides reaffirmed their shared ambition to deepen their strategic partnership and open new avenues for cooperation, notably within the framework of the New Pact for the Mediterranean.
For nearly 50 years, the EIB has been a key partner of Morocco and has played a central role as the EU’s investment arm, contributing to the Kingdom’s economic development, social cohesion, and climate action.
Source: map
