Release date: 30 June 2020
Promoter – Financial Intermediary
MINISTERE DE LA SANTELocation
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 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).