EIB grants €70 million loan to UfM-labelled project EuroMed University of Fes

April 5, 2017
Share on

The European Investment Bank (EIB) has approved a €70 million loan to support the EuroMed University of Fes (UEMF).  The loan is to finance the construction of the eco-campus, including the teaching and research premises, the sports area, the library and other facilities and equipment. This contribution complements others from international, European and Moroccan financial partners.

The UEMF is a flagship project of the Union for the Mediterranean initiated by His Majesty the King Mohammed VI, aiming to have the capacity to host over 6,000 students representing diverse nationalities in the Euro-Mediterranean region and Sub-Saharan Africa. It is expected that around 80% of the student body will benefit from international mobility experiences with double diplomas. It also received the institutional support of the Steering Committee of the COP22 as a “model of eco-space, combining academic life, research, innovation and technology transfer in a clean environment, using the latest technologies for sustainable development”.

Students from various nationalities are currently enrolled on UEMF academic and research programmes which are focused on important topics for the development of the Euro-Mediterranean region and launched in partnership with well-known Higher Education Institutions such as the National Institutes of Applied Sciences (INSA Group), the École Polytechnique de Paris, the Università degli Studi di Firenze, the Politecnico di Milano, the Politecnico di Torino, the University of Porto, the Universidad Politécnica de Madrid, the Universitat Politècnica de Catalunya, the École Nationale Supérieure des Arts Décoratifs and the Université de Paris 1 Panthéon-Sorbonne. The overall construction of the University is expected to be completed by 2019-2020.

Read more

Press release

UfM projects page

UfM website

Countries covered:

  • Algeria
  • Egypt
  • Jordan
  • Lebanon
  • Libya
  • Morocco
  • Palestine *
  • Syria *
  • Tunisia