On November 4, 2026, Moroccan Minister of Equipment, Water, and Forests, Nizar Baraka, chaired a ceremony in Rabat to sign a joint declaration between the Moroccan National Ports Agency and the French Development Agency. This agreement involves a €100 million financing deal, part of a strategic partnership between the two entities. The signing was attended by French Ambassador to Morocco, Philippe Lalliot, and other high-ranking officials.
The partnership aims to support the Moroccan National Ports Agency's investment program for 2023-2030. The program focuses on upgrading port infrastructure, promoting renewable energy and water desalination projects, expanding and modernizing fishing ports, and implementing decarbonization and electrification of port terminals. This financing is a preferential loan with a 13-year repayment period, without a state guarantee, demonstrating international confidence in the agency's governance and financial model.
The strategic partnership between Morocco and France reflects the strong relations between the two countries. The agreement follows a commitment made on October 28, 2024, during the French President's visit to Morocco. The partnership is expected to enhance Morocco's port infrastructure, promoting economic growth and development. The Southern regions of Morocco will benefit significantly from this program, with investments aimed at strengthening port infrastructure and supporting economic dynamism.
The Moroccan National Ports Agency's investment program aligns with King Mohammed VI's vision to make the Atlantic coast a hub for economic integration and connection with Africa. The initiative aims to promote south-south cooperation and reinforce Morocco's sovereignty over its southern provinces. The program is part of the King's ambitious plan to develop the region and promote economic growth.
The French Development Agency's support for Morocco's port development is a testament to the strong bilateral relations between the two countries. The agency's involvement is expected to bring significant benefits to Morocco's economy and contribute to the country's growth and development. The partnership is also seen as a boost to Morocco's efforts to become a major player in the region.
The signing of the strategic partnership is a significant step in strengthening Morocco-France cooperation. The agreement is expected to have a positive impact on Morocco's economy and contribute to the country's development goals. The partnership is also seen as a reflection of the two countries' commitment to promoting economic growth and development in the region.
The Moroccan government has expressed its appreciation for the French government's support. The partnership is seen as a significant milestone in the two countries' relations, and it is expected to pave the way for future collaborations. The agreement is a testament to the strong and growing partnership between Morocco and France.
Key points
- Morocco and France have signed a €100 million strategic partnership to support the development of Moroccan ports.
- The partnership aims to upgrade port infrastructure, promote renewable energy, and support economic growth in Morocco.
- The agreement reflects the strong relations between Morocco and France, with a focus on promoting south-south cooperation and reinforcing Morocco's sovereignty over its southern provinces.
