EBRD Vice President Mark Bowman visits Morocco

• EBRD Vice President to visit Morocco to meet high-level government officials and members of business community
• Discussions to focus on EBRD’s support for private-sector financing and transition to green economy
• Morocco has received more than €5.4 billion in EBRD financing across 119 projects since 2012

The EBRD’s Vice President for Policy and Partnerships, Mark Bowman, will visit Morocco from 18 to 20 June for high-level meetings with government officials and members of the business community and to sign agreements on new investments.

During his visit to Rabat, Vice President Bowman will hold meetings with Morocco’s Minister of Economy and Finance and EBRD Governor, Nadia Fettah Alaoui, the Minister Delegate in charge of the Budget, Fouzi Lekjaa, the Minister of Energy Transition and Sustainable Development, Leila Benali, Advisors to the Moroccan King, Omar Kabbaj and Abderrahim Bouazza, the Director General of the Central Bank of Morocco, Abderrahim Bouazza, the President of the National Electricity Regulatory Authority, Zouhair Chorfi, the Director General of the State Assets Participation Agency, Abdellatif Zaghnoun, and the Mayor of Rabat, Fatiha El Moudni.

Mr Bowman will also speak at the opening ceremony of the “World Cup, World Climate” conference, as well as attending the Women in Infrastructure conference organised by the EBRD in Casablanca at the University Mohammed VI Polytechnic (UM6P).

Ahead of his visit, Mark Bowman said: “I look forward to talking to the Moroccan authorities and the business community and discussing our future areas of cooperation. The EBRD is committed to supporting Morocco’s economic transition, and we value our longstanding partnership with government authorities, partner banks and the private sector – all essential drivers of a greener, more inclusive economy.”

The EBRD delegation includes its Managing Director for the Southern and Eastern Mediterranean (SEMED), Mark Davis, the Head of Morocco, Antoine Sallé De Chou, the Director of Regional Policy and Strategy, Dimitri Gvindadze, the Head of Infrastructure for the SEMED region, Haytham Eissa, and the Regional Policy Lead for the SEMED region, Alexa Tiemann.

Morocco is a founding member of the EBRD and became one of the Bank’s countries of operation in 2012. To date, the EBRD has invested more than €5.4 billion in the country through 119 projects, with more than 72 per cent of those funds going to the private sector. EBRD investments in Morocco focus on supporting sustainable energy, the direct and indirect financing of private enterprises, infrastructure reform and non-sovereign financing.