… Seeks to upscale investments, drive private sector-led competitiveness
By Bamidele Famofo
European Bank for Reconstruction and Development (EBRD) Vice President for Policy and Partnerships Mark Bowman will visit Morocco from 24 to 26 June to meet senior government officials and clients from the public and private sectors.
During his visit, Mr. Bowman will meet Minister of Water and Equipment Nizar Baraka and Minister of Industry and Trade Ryad Mezzour. Discussions will focus on deepening cooperation with the government with a view to upscaling investments in Morocco, with a particular focus on private sector-led competitiveness and inclusive growth, accelerating the green transition and supporting the country’s reform agenda to further unlock private capital.
The Vice President will also meet public- and private-sector clients, including a number of local banks, to discuss ongoing and future projects and explore ways to expand access to finance and support private-sector development in the country. Engagement with partner banks and businesses remains a central pillar of the EBRD’s work in Morocco, particularly in supporting the shift to a private sector-led economy and fostering sustainable growth.
Ahead of his visit, Mr. Bowman said: “I am excited to be back in Morocco and to engage with our partners across the public and private sectors. Building on our strong cooperation, we will continue to support Morocco’s economic priorities, including sustainable growth, a stronger private sector and the transition to a greener economy.”
Mr. Bowman will be joined by Haytham Eissa, EBRD Head of Morocco.
Morocco is a founding member of the EBRD and became one of the Bank’s countries of operation in 2012. Since then, the Bank has been working closely with the authorities and private-sector partners to support the expansion of sustainable energy, infrastructure development and access to finance. To date, the Bank has invested €6.2 billion in 129 projects across the country, with 68 per cent of investment going to the private sector.
