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Morocco, IDB sign over $50-mn drinking water supply agreementsRabat - Morocco's national water utility (ONEP) and the Islamic Development Bank (IDB) signed, on Sunday in Rabat, agreements worth 50.3 million dollars to finance projects to supply the northern city of Fez and the rural areas of the eastern province of Taza with drinking water.
The agreements were signed on the sidelines of the 256th session of the Bank's council of executive directors. They were signed by Morocco's Economy and Finance Minister, Salaheddine Mezouar, the managing director of ONEP, Ali Fassi Fihri, and the president of IDB group, Ahmed Mohamed Ali. Mezouar lauded the interest attached by the Bank to supporting Morocco's economic and social development by funding various development projects. Ahmed Mohamed Ali hailed the excellence of relations between Morocco and IDB, stressing the continuous interest of the Bank to financing Morocco's economic and social development projects.
Last modification
02/01/2010 10:54 AM.
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