
AfDB Lends Morocco Over 88 Million to Finance Water Project
The project is meant to strengthen and secure the drinking water supply in several cities and to improve water quality at the Bouregreg system (artificial aeration at the Sidi Mohammed Ben Abdellah dam and ozonation at the existing treatment plant), said a statement from the AfDB.
According to the AfDB, the effective implementation of this project will meet the needs of drinking water and industrial water until 2030 in the most populated and urbanized area in Morocco (more than 5 million people).
“The project will contribute to enriching the experience of the National Office of Electricity and Water Supply to achieve and develop drinking water projects in rural and urban areas,” the statement said.
It added that the loan brings to 12 billion dirhams (nearly 1.1 billion euros) the total lent by the AfDB to Morocco to finance drinking water projects, which places the Bank as the first partner of the Kingdom in the water sector.
With MAP

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- SPAYZ.Io White Paper Explores Opportunities, Challenges And Ambitions In Payments Industry
- Ceffu Secures Full VASP Operating License From Dubai's VARA
- Cregis And Sumsub Host Web3 Compliance And Trust Summit In Singapore
- Tokenfi And New To The Street Announce National Media Partnership To Reach 219M+ Households
- Chartis Research And Metrika Release Comprehensive Framework For Managing Digital Asset Risk
- Xone Chain Announces Ecosystem Evolution Following Sunflower Letter
Comments
No comment