VOL. XLIII
No. 17
24-April-2000
MOROCCO
AFESD Grants Morocco $81Mn For Power Station Construction
The Arab Fund for Economic and Social Development (AFESD) has granted Morocco MD840mn ($81mn) for the construction of a power station in the rich farming area of Beni Malli. According to MAP, the Moroccan news agency on 14 April, the loan is part of a Moroccan and AFESD program to upgrade the countrys social and economic infrastructure. The 450-mw pump storage power plant will be built at a cost of...
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