The European Investment Bank is providing Morocco with EUR 365 million in financing to strengthen its road and rail transport networks. The rail component includes a EUR 50 million loan for ONCF, Morocco’s national rail operator, and a EUR 15 million EU grant for climate resilience measures.
The European Investment Bank (EIB), the European Union’s financing institution, has announced investments of EUR 365 million in Morocco’s transportation sector. The financing aims to increase the resilience and safety of the highway network and the national rail system.
The agreements were signed in Rabat during the visit to Morocco by Nadia Calviño, President of the EIB. This is her first visit to the kingdom since taking office, and the institution is presenting the package as part of a new phase in the partnership between the European Union and Morocco.
For the rail sector, the package includes a loan of EUR 50 million for the ONCF – Railway Rehabilitation project, supplemented by a grant of EUR 15 million from the European Union. The grant is intended for specific measures to adapt to climate change and strengthen the resilience of the rail network.
ONCF, the National Railway Office of Morocco, is the country’s national railway operator.
Funding for Railways and Highways
The second component of the package is a EUR 300 million loan for Autoroutes du Maroc (ADM), the company that manages Morocco’s highway network. The project aims to enhance the resilience of the road infrastructure.
According to the EIB, the two operations are backed by a European guarantee and are designed to accelerate the adaptation of infrastructure to climate change, improve mobility, and increase the safety of transportation networks.
The investments are expected to benefit citizens and businesses, as well as support regional integration and economic ties between Europe and Africa.
“Morocco is a long-standing strategic partner for the European Investment Bank. As the European Union’s investment engine, we are entering a new phase of our partnership. This reflects the new momentum in the relationship between the EU and Morocco,” said Nadia Calviño.
She said that the EIB’s mission in Morocco is centered on shared prosperity, social progress, and resilience, with a focus on high-impact investments.
European Support for Resilient Infrastructure
Daniele Dotto, Chargé d’Affaires ad interim of the European Union Delegation to Morocco, described the EU–Morocco relationship as a “strong and reliable” partnership. He said that the European Union and the EIB are working together to provide investments and technical assistance aimed at developing resilient infrastructure and supporting the Moroccan economy.
The financing package comes at a time when the EIB is stepping up its activity in Morocco. According to the institution, the bank plans to channel over EUR 700 million to Morocco this year.
In 2025, the EIB signed financing agreements totaling EUR 740 million for Morocco through EIB Global, its specialized arm for operations outside the European Union. This was the institution’s largest annual commitment to the country since 2012.
Nearly 50 Years of Cooperation
The EIB has been a partner of Morocco since 1979 and is marking 20 years of formal presence in the country this year. The bank’s cumulative commitments in Morocco exceed EUR 12 billion, in sectors such as energy, transportation, education, water and sanitation, healthcare, and support for the private sector.
Among the projects financed by the EIB in Morocco are the Tanger Med port, the solar complex in Ouarzazate, the Euro-Mediterranean University in Fès, and the Medusa submarine fiber-optic cable.
A significant portion of recent funding has been directed toward reconstruction following the 2023 earthquake in Al Haouz.
In early June, the EIB released a second tranche of EUR 500 million, bringing the total commitment for reconstruction to EUR 1 billion.
Morocco, a Bridge Between Europe and Africa
Nadia Calviño described Morocco as a “natural bridge” between Europe, Africa, and the Atlantic region.
According to her, macroeconomic stability, modern infrastructure, and predictable procedures are factors that translate investor confidence into projects, jobs, and concrete opportunities.
The EIB is also working to expand its partnership with the Mohammed VI Investment Fund, Morocco’s sovereign wealth fund, to mobilize private capital for business, infrastructure, and venture capital.
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