EBRD Looks Forward to Enhancing Partnership with Morocco

Vice President of the European Bank for Reconstruction & Development, Alain Pilloux, starts this Monday a three-day working visit to Morocco for meetings with government officials and businesses.

The visit confirms the EBRD’s commitment to boost Morocco’s economic potential through investment projects and policy engagement.

“It shows our continued support for the Moroccan economy, through a continuous dialogue with the authorities, investment in public projects, the private and financial sectors as well as providing advisory to small businesses”, said Mr. Pilloux.

“We intend to remain a key long-term partner to the public and private stakeholders and contribute to an inclusive and sustainable growth that promotes job creation, green economy and better regional integration. I look forward to the discussions on how we can work together even more closely and effectively”, added the European bank’s official.

Accompanied by Marie-Alexandra Veilleux-Laborie, EBRD Director for Morocco, Mr Pilloux will meet Head of Govt Saâd Eddine El Othmani, Minister of Economy & Finance Mohamed Benchaaboun, and Minister of Energy, Aziz Rabbah. He will also meet a number of business leaders and decision-makers.

Morocco is a founding member of the EBRD and became a country of operations in 2012. To date, the Bank has invested over €1.7 billion in 50 projects in the country. The Bank has also supported more than 550 Moroccan SMEs by providing business advisory services.