Who we are

ABOUT US

The National Fund for Development Equipment (C.N.E.D) is a public establishment of an industrial and commercial nature, operating under the supervision of the Ministry of Finance, established pursuant to the provisions of Article 70 of Law No. 03-22 of 28 December 2003 relating to the Finance Act for 2004.
The Fund aims to enhance public investment spending efficiency, improve the evaluation, implementation, and monitoring processes of major economic and social infrastructure projects requiring substantial financial and human resources, diversify funding sources, and optimize the cost of financing such large-scale projects. In this context, the Fund notably undertakes to:
  • Rationalize the management of public investment expenditure through enhanced control over implementation costs and financing arrangements.
  • Provide technical support and assistance in the evaluation of major public investment projects.
  • Examine the feasibility of major investment projects from technical, economic, financial, and social perspectives, and issue opinions prior to their inclusion in the public investment register.
  • Propose the most appropriate financial structuring and funding arrangements for major investment projects.
  • Allocate, on behalf of the State and in accordance with defined specifications, portions of resources assigned to a special Treasury account, designated—by government decision upon proposal of the Minister of Finance—for the financing and/or support of public investment projects undertaken within the framework of national or regional development programs or plans.
Mandate and

Missions

In line with its mandate and missions, the National Fund for Development Equipment (C.N.E.D) undertakes activities primarily consisting of reviewing maturation studies of major economic and social infrastructure projects, monitoring their implementation, conducting ex-post evaluations of their execution, as well as providing support and advisory services in financial structuring.
  • Review of studies The review of maturation studies consists of examining project study files submitted by the Directorate General of Budget to the CNED for opinion.
  • Implementation Monitoring Implementation monitoring is carried out based on the analysis of periodic information provided by project owners regarding the physical and financial progress of major projects.
  • Ex-post EvaluationEvaluation marks the final stage of the project life cycle and aims to draw general lessons to improve the preparation and implementation of future projects.
  • Financial Structuring Financial structuring consists of examining project maturation study files and proposing the most appropriate financing methods based on cost–benefit analysis.
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Number of projects
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Studies review
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Implementation Monitoring
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Ex-post Evaluation
current activities

Projects followed
by the CNED team

A multidisciplinary team is made available to operational departments to carry out these missions. External consultants are called upon as needed.
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The institution has organized or participated in several seminars, technical workshops and cross-sectoral study days on topics and issues related to its areas of expertise and technical assistance, in collaboration with national and/or international institutions and organizations.