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EBRD and NWM Sign €2.1 Million Grant for Moroccan Economic Zone Development

By Africazine

The European Bank for Reconstruction and Development is investing in Morocco’s economic future.

Last week, the EBRD and Nador West Med signed a €2.1 million grant agreement in Rabat. This funding will support the development of the Nador West Med complex, enhancing its role as a dynamic and sustainable economic zone.

Investment to Boost Nador West Med Complex

The grant will finance a Technical Cooperation program aimed at preparing the Nador West Med industrial port complex for its commissioning phase. This initiative complements the €120 million in financing provided by the EBRD to NWM in 2025.

The program will focus on digitizing management and operating processes, integrating resilient infrastructure, and implementing sustainable energy solutions. It aims to strengthen the institutional skills of the managing entity, ensuring compliance and efficiency.

Key Figures on Nador West Med Development

  • €2.1 million grant agreement
  • €120 million financing provided by EBRD in 2025

Digitization and Infrastructure Plans for Sustainability

A core component of the program is the acceleration of digitization at the Bétoya Industrial & Logistic Zone. This includes developing a fully automated one-stop-shop platform to streamline operations for investors.

Additionally, a sustainable infrastructure plan will be prepared to ensure long-term climate resilience. This plan will focus on integrating resilient infrastructure and sustainable energy solutions into the zone’s development.

Next Steps for Nador West Med Project

  • Launch of the Technical Cooperation program
  • Development of the one-stop-shop platform
  • Preparation of the sustainable infrastructure plan
  • Skills development initiatives for NWM staff

This investment marks a significant step towards enhancing Morocco’s economic competitiveness and sustainability.

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