VOL. XLI

No. 51

21-December-1998

MOROCCO

EIB Signs ECU9Mn Loan For Moroccan Sewerage Scheme

The European Investment Bank (EIB) announced on 11 December that itwill lend ECU9mn ($10.5mn) to Moroccos water and electricity distributor, RegieAutonome Intercommunale de Distribution dEau et dElectricite de la Chaouia(RADEEC). The loan will be used to finance the rehabilitation and extension of thewastewater and stormwater sewer network and the construction of a treatment plant inSettat. The loan was...