Morocco: EU approves €177 Mln assistance for post-earthquake reconstruction

The European Commission has approved a €177 million assistance for Morocco within the frame of the Integrated Program for the reconstruction and comprehensive upgrade of the disaster areas (2024-2028), which was drawn up by Moroccan authorities following the earthquake that struck Al Haouz on 8 Sept. 2023.

Furthermore, in a joint effort between the EU and the European Investment Bank, the latter has pledged to lend Morocco €1 billion over 5 years to support the post-earthquake reconstruction program.

The loan, currently under appraisal, will be used for rebuilding schools, roads and hospitals that incorporate sustainable, climate-resilient infrastructure, said the European Commission in a press release.

The EU’s assistance will provide support for individuals affected by the earthquake, in particular through the provision of refurbished or reconstructed dwellings.

The funding will also help re-launch public services (health and education in particular) on the basis of functional infrastructure and boost economic activity and territorial cohesion in the areas affected by the earthquake.

According to EC, the assistance seeks to enhance social and environmental sustainability, reduce vulnerability and equip communities and institutions to enable them better withstand future natural disasters by capitalizing on other structural reforms supported by EU program in areas such as decentralization and access to public services: drinking water, healthcare, education and welfare provision.

The program aims to contribute to inclusive, sustainable socio-economic development in Morocco, EU strategic partner.