Middle East Economic Survey

VOL. XLVII

No 46

15-November-2004

MOROCCO

ENERGY FINANCE

EIB Lends Morocco €191Mn For Energy Projects

Under the Facility for Euro-Mediterranean Investment and Partnership (FEMIP), the European Investment Bank (EIB) will lend Morocco €191mn ($247.4mn) to finance projects in the energy sector.  Of that, €80mn ($103.6mn) will be provided to Office National de l’Electricité (ONE) to construct a 140mw wind farm in the north of...