German KfW supports Morocco’s rural drinking water program with €30 Mln Loan

German Development Bank (KfW) has lent to Morocco’s National Office of Electricity & Drinking Water (ONEE) €30 million for drinking water projects in the rural zones of Tangier and Chefchaouen provinces and neighboring regions.

The loan agreement was inked Wednesday by ONEE Head Abderrahim El Hafidi and Director of KfW in Morocco, Markus Faschina.

 

The funding will enable the Moroccan state-owned utility company to supply drinking water to 150 douars with 112,000 inhabitants. The project seeks to reduce territorial and social disparities (PRDTS).

KfW is supporting Morocco’s ambitious programs in water, renewable energies, environment protection, agriculture and sustainable economic development.

About Khalid Al Mouahidi 3026 Articles
Khalid Al Mouahidi : A binational from the US and Morocco, Khalid El Mouahidi has worked for several american companies in the Maghreb Region and is currently based in Casablanca, where he is doing consulting jobs for major international companies . Khalid writes analytical pieces about economic ties between the Maghreb and the Mena Region, where he has an extensive network