Home Advertising Contact us
Event : 2010 World Economic Forum to be held in Marrakech     German report : Moroccan economy most dynamic in North Africa      Bilateral relations : Turkey supports Morocco's candidacy for non-permanent seat in UNSC     Tourism : Morocco to achieve 9 million tourists, minister     Cereal production : Harvest at 7.46 million tonnes     Information technology : Morocco determined to protect personal data     Economy : The crisis is far from over     Morocco-EU : New phase in relations     
EU grants Morocco MAD 771 mln donation
The European Union has granted Morocco two donations of an overall amount of MAD 771 million (100 million dollars) to support development projects launched in Morocco.

The donations are meant to promote investments and exports, and contribute to the financing of the capital's tramway project.

Two agreement were thus signed on Friday. The first, worth MAD 680 million, provides for supporting investments and exports in Morocco.

Concerning the second agreement, the "Neighborhood Investment Facility" will contribute by MAD 91 million to the financing of the Rabat-Salé tramway project.

  By CMC
  Home About us Advertising Copyright Contact us