Reference: 20200322
Release date: 30 June 2020

Promoter – Financial Intermediary

MINISTERE DE LA SANTE

Location

Description

The project consists of financing of eligible costs incurred by the government of Morocco in relation to the COVID-19 pandemic. This includes acquisition of medical equipment, medical supplies, drugs and logistics, as well as the strengthening of medical health system with pandemic preparedness interventions.

Objectives

The project is supporting the National surveillance and response plan to fight COVID-19 of the Moroccan Government. The epidemic of COVID-19 is anticipated to trigger severe shortages in the epidemiological area, healthcare services delivery and supply of critical consumables in an already underfinanced and stretched health sector.

Sector(s)

  • Health - Human health and social work activities

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

EUR 230 million

Environmental aspects

The promoter will implement the project in accordance with the EIB's Environmental and Social principles and standards.

Procurement

The promoter will implement the project in accordance with the EIB's Guide to Procurement.

Status

Signed - 23/07/2020

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Morocco Health