Morocco to receive a loan for construction of two seawater desalination stations – Morocco

The government of Morocco is set to receive an over US$ 5.9M loan from its Spanish counterpart for the construction of two seawater desalination stations in the towns of Assa Zag in the economic region of Guelmim-Oued Noun and Moulay Brahim in Al Haouz Province of the Marrakesh-Tensift-El Haouz region.

Approved by the Council of Ministers on Tuesday the 3rd of November this year, the credit facility will be granted by the Official Credit Institute (Spanish; Instituto de Crédito Oficial: ICO) which is a Spanish lending institution that also operates as State Financial Agency, through […]