Japan lends Morocco $50 million for water projects
Morocco-Japan, Economics, 7/17/1999

Japan will lend Morocco around $50 million destined to help the North African country supply drinking water to 600 villages hosting about 150,000 inhabitants.

The loan accord will be signed shortly between the two countries, said Friday a senior Japanese official at a news conference held in Rabat at the end of his several-day visit to the kingdom.

The Japanese official renewed his country's firm determination to contribute actively to the development of Morocco's economy, industry, tourism and fisheries.

He also voiced Tokyo's readiness to upgrade partnership with Morocco in environment protection, scientific research, vocational training and in all other strategic sectors for the kingdom such as dams construction, agriculture, highway building.

Previous Stories:
  Morocco invested in 1998 over $113 million in drinking water projects   (7/12/1999)
  Morocco-FAO cooperation discussed in Rome   (6/30/1999)
  Morocco earmarks $350 million to fight drought effects   (6/26/1999)

Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.

Search