The European Investment Bank allocated €365 million to strengthen the resilience and security of Morocco's road and rail networks, as announced by its president Nadia Calviño on 30 June 2026.
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The €365 million is not a single grant: it comprises roughly €300 million for the National Road Agency (roads/motorways) and about €65 million for the railway component, which includes a €50 million EIB loan plus a €15 million EU grant for the 'ONCF – Railway Rehabilitation' project. Most of the financing is in the form of EIB loans to be repaid, not EU budget transfers.
The EIB press release frames the visit as reflecting 'renewed momentum' in EU–Morocco cooperation and lists benefits for connectivity and economic opportunities, context the speaker (a VOX MEP critical of EU spending in Morocco) omits.
SecondaryMorocco World News'Morocco, EIB Sign €365 Million to Strengthen Road, Rail Networks' — signed in Rabat on Tuesday (30 June 2026); 'The first agreement covers a €50 million EIB loan, paired with a €15 million EU grant, to finance the “ONCF – Railway Rehabilitation” project.'
SecondaryEl Debate'El Banco Europeo de Inversiones (BEI) ha anunciado una partida de 365 millones de euros «para reforzar la resiliencia y la seguridad de las...' redes viarias y ferroviarias de Marruecos, anunciada por su presidenta Nadia Calviño.
SecondaryLibertad Digital / Libre Mercado'Según los acuerdos anunciados por el BEI, 300 millones de euros se destinarán a la Agencia Nacional de Carreteras de Marruecos para reforzar...' — confirming the €365 million announced by the EIB under Calviño for roads and railways in Morocco.
SecondaryCapmad (Morocco Business News)'On 30 June 2026 in Rabat... Calviño oversaw the signing of two financing agreements with a combined amount of €365 million to strengthen Morocco's road and rail networks.'