Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Morocco : € 100,000,000
    Composite infrastructure : € 100,000,000
    Signature date(s)
    4/10/2012 : € 100,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    28 July 2011
    Status
    Reference
    Signed | 04/10/2012
    20090253
    Project name
    Promoter - financial intermediary
    Morocco Technopoles

    MEDZ (GCD Développement)
    http://www.medz.ma/

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million (up to 50% of the total project cost).
    Around EUR 210 million.
    Description
    Objectives

    The project concerns the design, construction and commissioning of seven technopoles under the Kingdom of Morocco's national agreement for industrial emergence 2009-15. MEDZ, a subsidiary of Morocco's Caisse des Dépôts et de Gestion specialising in upgrading and development, has been given the job of constructing and managing these technopoles.

    Following a preliminary examination, seven technopoles have been selected for the project. These are the most advanced projects containing major components in the fields of research, education and support for innovation.

    Environmental aspects
    Procurement

    The project concerns the upgrading of industrial zones. The environmental impact is to be examined on a case-by-case basis in accordance with the types of operation planned. In the European Union, an equivalent project would be covered by Annex II to Directive 97/11. In Morocco, Law No 12-03 on environmental impact assessments (Dahir No 1.03.60 of 12 May 2003, Official Bulletin No 5118 of 19 June 2003) includes in its Annex the "regeneration of urban areas" and "upgrading of industrial zones" as projects that are subject to an environmental impact assessment. The procedures followed for this project and the aspects covered in the EIAs will be addressed at the appraisal stage.

    As a public operator, MEDZ is subject to tendering procedures under Moroccan legislation. In Morocco, Decree No 2-06-388 (of 5 February 2007; Official Bulletin No 5518 of 19 April 2007) sets out the terms and forms of government procurement as well as certain rules relating to the management and monitoring of contracts. Harmonisation of legislation, public procurement and financial services are priority objectives for the implementation of a new programme of economic integration between Morocco and the EU. The procurement procedures followed for this project will be addressed at the appraisal stage.

    Comments

    Integrated economic development zones

    Link to source
    Summary sheet

    Disclaimer

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

    News & Stories

    Other links
    Data sheet
    Summary sheet

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

    Related publications