VOL. XLVII
No 09
01-March-2004
MOROCCO
AID
KFAED Lends Morocco $63Mn For Tangier Highway Development
The Kuwait Fund for Arab Economic Development (KFAED) on 21 February signed a KD18.5mn ($63mn) loan agreement with Morocco to help finance the construction of a highway connecting the port of Tangier with northern Morocco. The project will be co-funded by The Arab Development Fund and the Moroccan Highway Company. KFAED’s Economic Adviser Tariq Yusuf al-Munayyis said the new...
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