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Spanish company signs contract to distribute water, electricity in Morocco
Morocco, Business, 2/10/1998
A Spanish company signed the biggest contract in the history of Spanish labor in Morocco with the Moroccan government.
The company was able, in cooperation with the Portuguese Blaidi company and the Moroccan company El-Boudada, to win a contract to distribute electricity, filtered water and health services in Rabat for 30 years.
A spokesman for the company said that the contract value is about 30 billion Spanish pesetas annually ($195 million).
These services will be presented by the three contributing companies to fulfill the needs of 1.7 million citizens.
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