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EU grants Morocco MAD 771 mln donation
  07/12/2009
 
 
 
 
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
 
   
 
   
 
 
     
     
 
 
     
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