$1 billion International Moroccan bid to manage electricity, water networks
Morocco, Economics, 1/20/1999
The Moroccan government is currently preparing to put an international bid for a contract to establish and manage electricity and water networks in Tangier.
A spokesman at the Moroccan embassy in Cairo told ArabicNews.com today that the contract is worth $1 billion and contains the condition that the companies should not have less than five years of experience in similar work and capital of no less than 300 million dirhams.
Morocco entered into a contract last year to develop electricity and water networks in Rabat and its neighboring areas for 30 years with a Portuguese - Spanish consortium, at a cost of $1.4 billion.
Egyptian Moroccan ministers to inaugurate second session of business council
Morocco's debt to represent 31percent of GDP in 2003, says minister
Part of Zakat alms will go to abandoned children, King Hassan II says
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
| Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info