Construction Morocco raises $2.2bn to fund World Cup projects By Pramod Kumar March 27, 2025, 10:56 AM Unsplash/Calin Stan A view of Marrakesh. Morocco is investing heavily in infrastructure projects ahead of the World Cup Morocco has reportedly generated €2 billion ($2.2 billion) in new loans to fund developments needed to co-host the 2030 Fifa World Cup. The euro-denominated bonds are the first to be issued in five years, Bloomberg reported. The four- and 10-year bond tranches were priced at 155 and 215 basis points, narrower than the previous estimate, with total bids surging to more than €6.75 billion, the report said, citing an informed source. Morroco, which has the highest non-investment grade from three global rating companies, last sold a $2.5 billion bond in 2023. Morocco’s $1.3bn highway overhaul for 2030 World Cup Relief for Moroccan agriculture after heavy rainfall In the run-up to co-hosting the World Cup with Spain and Portugal, the country has unleashed a massive investment in building its infrastructure. Morocco is investing MAD42 billion ($4.1 billion) in airport expansion by 2030, MAD96 billion in the rail network extension and MAD12.5 billion to develop its highway infrastructure. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
