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Signature(s)

Amount (.*)
€ 83,500,000
Countries
Sector(s)
Morocco : € 83,500,000
Services : € 20,040,000
Education : € 63,460,000
Signature date(s)
3/10/2018 : € 3,240,000
3/10/2018 : € 10,260,000
7/07/2017 : € 16,800,000
7/07/2017 : € 53,200,000
(*) Including a € 10,260,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM ,a € 3,240,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM

Summary sheet

Release date
18 January 2017
Status
Reference
Signed | 07/07/2017
20160017
Project name
Promoter - financial intermediary
UNIVERSITE EURO-MEDITERRANEENNE DE FES (UEMF)
PRIVATE ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 84 million
EUR 147 million
Location
Sector(s)
Description
Objectives

The project will finance the construction of an eco-campus in Fez, with research facilities and equipment, teaching facilities, a student residency and sport facilities.

This new institution is co-developed with several European academic partners in order to offer training up to European standards, degrees certified for the European market, conduct high quality research and create cultural and economic bridges between the two shores of the Mediterranean Sea.

Environmental aspects
Procurement

A project with similar characteristics within the EU would be classified under Annex II of Directive 2011/92/EU as amended by Directive 2014/52/EU, thus requiring a decision by the competent authority as to whether or not a formal environmental impact assessment (EIA) process is required. In an EU member state, universities specifically mentioned in the EIA Directive would not normally require an EIA. However, the projects could be covered by Annex II of the directive in relation to urban development and thus be subject to an EIA. The need for environmental studies and assessment has been reviewed during the appraisal process. The promoter has provided the EIB with the non-technical summary of the EIA carried out at building permit stage.

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

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).

Documents

Environmental and Social Impact Assessment (ESIA) - UNIVERSITE EURO-MEDITERRANEENNE DE FES (UEMF) - Rapport d'Etude d'Impact
Publication Date
25 Mar 2017
Document language
Main Topic
Lending
Document Number
72813364
Document Focus
Environmental Information
Project Number
20160017
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - UNIVERSITE EURO-MEDITERRANEENNE DE FES (UEMF)
Publication Date
25 Mar 2017
Document language
Main Topic
Lending
Document Number
69276352
Document Focus
Environmental Information
Project Number
20160017
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - UNIVERSITE EURO-MEDITERRANEENNE DE FES (UEMF) - Rapport Environnemental - Construction du Campus
Publication Date
25 Mar 2017
Document language
Main Topic
Lending
Document Number
74616102
Document Focus
Environmental Information
Project Number
20160017
Sector(s)
Countries
Publicly available
Download now

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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.

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

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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.

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