Morocco, March 18 -- The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of €110?million to support the development of an economic zone within the Nador West Med industrial port complex, which is located near the city of Nador in Morocco's Oriental region. This is the Bank's third investment in the Nador West Med complex, following the provision of financing in 2015 and 2022. The Bank's loan to Betoya Industriel and Logistic Zone (BILZ) is backed by a sovereign guarantee and is complemented by three investment grants: €5 million from the EBRD; US$ 3 million (€2.8?million) from the United Kingdom under the High-Impact Partnership on Climate Action (HIPCA); and US$ 2.5 million (€2.3 m...