World Bank Program Management Unit
The support program for the Municipality of Casablanca is a Program-for-Results (PforR) financing instrument from the World Bank for a total of 172 million Euros, which aims to support the pillars of the Greater Casablanca Development Program (PDGC) formalized by the signing of 10 framework agreements before His Majesty King Mohammed VI back in September 2014.
Approved by the Board of Directors of the World Bank on December 13, 2017, this variable rate loan extends over a term of 6 years (2016-2022) with a grace period of 7 years and a payment period of 23 years.
The loan is intended to increase the investment capacity of the municipality, improve the urban environment and access to essential services in the Program area in addition to promoting the business environment in the municipality of Casablanca.
The World Bank financing aims to strengthen the investment capacity of the city of Casablanca by improving the municipal revenue management system and attracting private investment in infrastructure and services through public-private partnerships.
For the proper implementation of this program, three-level governance bodies have been put in place to ensure joint ownership of the program by all stakeholders: a Strategic Committee, a Steering Committee and a Program Management Unit made up of local authorities’ representatives and public service providers.
With regard to the program implementation methods, a Program Action Plan (PAP) has been developed, with specific deadlines and well-defined KPIs (for milestones…), in order to support the implementation of the program and achievement of results.