The European Investment Bank (EIB) and Morocco signed three loan agreements worth 440 million euros, Aufait Maroc reported on Sunday (December16th). More than half of the money will be used for the construction of a 142km highway between El Jadida and Safi. The remaining funds will support the expansion of the electricity grid and waste water projects.
Magharebia (Washington DC)
Morocco: European Bank Supports Local Development17 December 2012
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