The European Union (EU), the European Investment Bank (EIB) and the Euro-Mediterranean University of Fez (EMU) have signed a financing agreement to support the construction of the university's eco-campus. The cost of the work amounts to 13 million euros and should be delivered by 2020.
The Green Campus of the Euro-Mediterranean University of Fez will take on a new face in the coming months. Thirteen million euros will be made available to rebuild and re-equip its ecological campus. The decision follows a financing agreement signed on Wednesday, October 3, 2018 during a ceremony chaired by the Minister of Economy and Finance, Mohamed Benchaaboun. It is part of the Neighbourhood Investment Facility (NIF) mechanism.
The main aim is to support the university, whose training is mainly focused on green economy jobs. The funding will enable the university to benefit from educational and research facilities, sports areas and a bookshop. The eco-campus will be open to 6,000 students from more than 18 nationalities and people with reduced mobility will be favoured. The project is expected to be completed in 2019-2020.
EU ambassador to Morocco Claudia Wiedey said: “we hope that several students from all horizons (Mediterranean, Sub-Saharan Africa, Europe) will benefit and graduate from the Euromed University, imbued with the values of tolerance between peoples, enriched by the virtues of interculturality and equipped with the most useful skills for the local and international labor market”.
EIB Representative in Morocco Anna Barone said: “we are pleased to be able to contribute again, thanks to EU funds, to the development of the Euro-Mediterranean University of Fez, which plays an essential role in the field of higher education and research in Morocco”.
The university’s “intercultural vocation and willingness to partner with other academic institutions in the Mediterranean make it a key academic player in the region”, added the European bank representative.
The Euromed University of Fes is a new regional center of excellence promoting dialogue, intercultural exchange, sharing of knowledge and cooperation in the fields of higher education, research and innovation.
This is not the first funding that the University of Fez has received. In 2017, the EIB had already granted it a loan of EUR 70 million and the EU later provided it with EUR 5 million. The eco-campus is among the few in the world that respects international standards and the requirements of sustainable development.
The Euro-Mediterranean University of Fez was established in November 2012. It aims “to promote exchanges, intercultural dialogue and academic and cultural partnerships in the Euro-Mediterranean region as well as high-level training and research.” Its campus is considered green because the infrastructure is environmentally friendly and focuses on renewable energy.
EMPLOYMENT, EDUCATION & TRAINING INTERNATIONAL COOPERATION