JICA grants Morocco 200 million euros for infrastructures
3 August 2011
Morocco has just received two loans totaling about 286.5 million dollars from the Japanese international Co-operation Agency (JICA), intended to finance drinking water supply and rural road projects.
The ministry for the Economy and Finance made this announcement last Friday, in a press release received by the PANA press agency.
The first loan, which amounts to 213.4 million dollars, will contribute to the financing of the drinking water supply in Fez and Meknès.
The second loan, of 73.1 million dollars, is intended for the rural roads program, which aims to facilitate travel by rural populations and to reduce disparities between rural and urban areas.
In the course of her meeting with Junishi Yamada at the beginning of July, Secretary of State Mrs Akharbach was congratulated for Morocco's co-operation with JICA, reiterating the determination of the Kingdom to bring progress at all levels, especially in the economic, financial and technical domains, reports Maroc Journal.