Displaying results 1 to 10 out of 209

1. Morocco plans renewable energy investment

   Home › News & Events › Infrastructure News › Morocco plans renewable energy investment

   25 May 2011 The Moroccan government has revealed plans to invest €8 billion (£6.9 billion) in renewable energy projects between now and 2020. In addition, the German government has agreed to support the plan with further investment of more than €43 million. Morocco has already presented a budget for the promotion of renewable energies and energy efficiency to the council of ministers. In addition,…

2. Morocco invests more than a billion dollars in road infrastructures

   Home › News & Events › Infrastructure News › Morocco invests more than a billion dollars in road infrastructures

   24 September 2010 Monday September 13 2010, Morocco announced its decision to devote more than 1.2 billion dollars to the development and reinforcement of its road infrastructure in the regions bordering Algeria. The aim is to improve access for the populations and to attract investments, according to an official source quoted by Agence France Presse. The funds will be used to finance a…

3. Morocco signs a contract with Alstom for its first high-speed train

   Home › News & Events › Infrastructure News › Morocco signs a contract with Alstom for its first high-speed train

   14 December 2010 Last Friday French group Alstom signed a 400 million Euro contract with Morocco for the sale of its high speed train (TGV). The agreement includes the supply of 14 double-decker…

4. AfDB Approves US $800 Million in Loans to Advance Morocco’s Wind and Solar Ambitions

   Home › News & Events › Infrastructure News › AfDB Approves US $800 Million in Loans to Advance Morocco’s Wind and Solar Ambitions

   in Africa with the approval of US $800 million in loans to spur private investment in Morocco’s growing wind and solar markets. The Bank’s technical and financial support of Morocco’s plan to develop a concentrated solar power (CSP) plant at Ouarzazate and its Integrated Wind/Hydro and Rural Electrification Program is helping Morocco realize its goal of increasing installed renewable energy capacity to 42 per cent by 2020 and becoming a renewable energy industry leader. “Morocco has emerged as an early leader in developing low carbon, sustainable energy on a large scale, and we are proud to support…

5. JICA grants Morocco 200 million euros for infrastructures

   Home › News & Events › Infrastructure News › 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,…

6. Alstom signs agreement with Morocco for development of the rail network

   Home › News & Events › Infrastructure News › Alstom signs agreement with Morocco for development of the rail network

   11 January 2011 A partnership agreement in the domain of rail transport was signed January sixth in Agadir between the French group Alstom and Morocco. It relates to a total investment of 1.1 billion dollars over the next ten years for development projects in the Moroccan railway sector, with a particular policy of purchasing from railway companies already established in Morocco. The group is committed to acquiring equipment for European assembly plants for rolling stock and railway equipment at a total cost of 700 million USD. It will also invest in a new industrial unit which will produce more than 400 million USD…

7. Morocco constructs a new wind farm

   Home › News & Events › Infrastructure News › Morocco constructs a new wind farm

   1 February 2011 A new wind farm with an output of 150 Megawatts will be constructed in Morocco, at Taza, to the north-east of Rabat. The works, which will take three years, will cost a total of 304.5 million dollars, reports the Xinhua press agency. This project is in line with the"Moroccan Integrated Wind Program" of the Moroccan Electricity Office, and the aim is to attain a total installed wind…

8. China grants 248 million dollars for Berrechid-Beni Mellal highway in Morocco

   Home › News & Events › Infrastructure News › China grants 248 million dollars for Berrechid-Beni Mellal highway in Morocco

   16 February 2011 In Rabat last Monday, Morocco and China signed a memorandum of understanding on finance for the highway between Berrechid and Beni Mellal in the amount of 248 million dollars. The signing took place in the presence of the Moroccan minister for the Economy and Finance, Salaheddine Mezouar, who received the Chinese minister of Commerce Chen Deming. Two Chinese enterprises will be responsible for the highway works, which will go into service during 2013. It will run for a distance of 172 km. Chen Deming said that he believes that Morocco has enormous economic potential…

9. Waste management program: World Bank grants 100 million Euros to Morocco

   Home › News & Events › Infrastructure News › Waste management program: World Bank grants 100 million Euros to Morocco

   performances of the household waste sector in Morocco, reports this same source.   Categories: General…

10. WB grants two loans to Morocco for transport and agriculture

    Home › News & Events › Infrastructure News › WB grants two loans to Morocco for transport and agriculture

    18 March 2011 Tuesday March 15 2011: the World Bank has granted two loans to a total value of 342 million dollars to Morocco, which will be used to finance modernization projects in the sectors of agriculture and urban transportation. The first loan, in the amount of 205 million dollars, will finance several programs to improve the effectiveness of local markets, of services in the agricultural sector,…