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Portuguese, Spanish firms eye Moroccan power sector
Morocco-International, Business, 9/9/1999
"Electricidad of Portugal" (EDF) and the Spanish construction firm "Grupo Gragados S.A." are planning to bid for the concession contracts of the Moroccan electricity-water utilities of Fez and Meknes.
The U.S. Bloomberg finance and business agency, which reported the news Wednesday, said EDF and Grupo Gragados will submit a common bid with another Portuguese firm, "PLEAIDE," to enhance their chances of winning the contract.
EDF, Gragados and PLEAIDE have already won the water-electricity concession for the Moroccan capital city of Rabat.
Previous Stories:
Moroccan-Spanish group to build PVC plant in Morocco
(9/4/1999)
Portuguese group to launch tourism project in Morocco
(8/28/1999)
Cement firm Cior to build $102 million cement plant
(8/26/1999)
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