{"id":85291,"date":"2025-03-20T00:00:00","date_gmt":"2025-03-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/20\/moroccan-nador-west-meds-economic-zone-secures-eur-110-mn-loan\/"},"modified":"2025-03-20T00:00:00","modified_gmt":"2025-03-20T00:00:00","slug":"moroccan-nador-west-meds-economic-zone-secures-eur-110-mn-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/20\/moroccan-nador-west-meds-economic-zone-secures-eur-110-mn-loan\/","title":{"rendered":"Moroccan Nador West Med\u2019s economic zone secures EUR 110 mn loan"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> EBRD backs climate-resilient economic zone at Nador West Med<\/strong>: The European Bank for Reconstruction and Development (EBRD) is extending a EUR 110 mn senior loan to Betoya Industriel and Logistic Zone (BILZ) to develop a climate-resilient economic zone within the Nador West Med (NWM) industrial port complex, according to a <a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/news\/2025\/ebrd-united-kingdom-and-gef-support-nador-west-med-port-complex.html\" style=\"\" rel=\"noopener\">statement<\/a> issued on Tuesday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There is more: <\/strong>The sovereign-backed loan is supplemented by three grants totaling EUR 10.1 mn from EBRD, the multilateral <a target=\"_blank\" href=\"https:\/\/www.thegef.org\/who-we-are\" style=\"\" rel=\"noopener\">Global Environment Facility<\/a>, and the UK under the EBRD-sponsored High-Impact Partnership on Climate Action. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where\u2019s the money going?<\/strong> The financing will fund land development for the zone\u2019s industrial and logistics platforms. It will also support sustainable and energy-efficient infrastructure developments, including an on-site desalination plant, two wastewater treatment plants, and energy-efficient street lighting.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About BILZ:<\/strong> BILZ \u2014 a wholly-owned subsidiary of state-run Soci\u00e9t\u00e9 Nador West Med \u2014 was established in 2023 to manage and develop the economic zone adjacent to Nador West Med port.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This isn\u2019t EBRD\u2019s first financing for the Nador West Med project: <\/strong>The Bank previously extended a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dca634dd-9554-4529-b5eb-acc002f1fa2f\/\" style=\"\" rel=\"noopener\">EUR 100 mn loan in 2022<\/a> to Soci\u00e9t\u00e9 Nador West Med for the construction of the port, as a second tranche of a EUR 200 mn financing agreement inked in 2015.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>NWM <\/strong><strong>is getting a lot of attention: <\/strong>Marsa Maroc\u2019s 25-year concession agreement for NWM\u2019s Western Terminal \u2014 secured <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f12710f0-6f0c-4c7f-a505-e9cedbaca851\/marsa-maroc-to-develop-western-terminal-at%253cmark%253e-nador-west-med%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">last month<\/a> \u2014 is set to raise the port\u2019s container handling capacity to 9 mn TEUs, with almost 7 mn TEUs dedicated to container transshipment. AfDB <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/cf3fffd4-ed78-4169-a6c4-9e89cdfae811\/morocco%25e2%2580%2599s-oncf-seeks-usd-8.8-bn-for-rail-expansion-project\" style=\"\" rel=\"noopener\">inked a EUR 129 mn<\/a> agreement last year to support the development of economic zones as well as industrial and logistical facilities at the port.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The funds will contribute to developing industrial and logistics platforms, an on-site desalination plant, two wastewater treatment plants, and energy-efficient street lighting.<\/p>\n","protected":false},"author":1,"featured_media":85292,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[166],"tags":[165,150,727,37,231,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-85291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-debt-watch","tag-morocco","tag-nador-west-med","tag-ports","tag-turkey","tag-zones","wpautop","entry"],"acf":{"mongo_id":"29661b1e-3fd3-4c75-b61b-0dcd00e94e07","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/1668.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Moroccan Nador West Med\u2019s economic zone secures EUR 110 mn loan","related_issue":[85283],"teaser":"The funds will contribute to developing industrial and logistics platforms, an on-site desalination plant, two wastewater treatment plants, and energy-efficient street lighting.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.6f348378-0ed1-40bb-a094-8d460ce33571.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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