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EBRD grants 65 million euros to Marsa Maroc for port development

DR
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The European Bank for Reconstruction and Development (EBRD) has approved a financing agreement worth 690 million dirhams (65 million euros) with Marsa Maroc to enhance and optimize operations at its multipurpose terminals in the ports of Casablanca and Jorf Lasfar.

On December 13, 2024, the agreement was signed at Marsa Maroc headquarters between EBRD President Odile Renaud-Basso and Marsa Maroc CEO Tarik El Aroussi. The funding will support infrastructure work and the acquisition of electric rail-mounted and hybrid cranes for both ports.

The project aims to strengthen port infrastructure sustainability through the deployment of more efficient electric rail-mounted cranes and increased handling capacity, leading to improved energy efficiency by reducing greenhouse gas emissions per handled cargo. The civil engineering works at the Jorf Lasfar terminal will incorporate climate resilience measures in quay design to address rising sea levels.

Marsa Maroc, the leading port operator in Morocco, is listed on the Casablanca Stock Exchange and operates 25 terminals and quays across 11 ports in Morocco and Benin. The group serves various segments, including containers, solid bulk, general cargo, liquid bulk, Ro-Ro, and passenger services.

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