US funds feasibility study on privatization of Moroccan airports

The US Trade and Development Agency (TDA) extended Morocco $ 200,000 Thursday to fund the feasibility study of Moroccan airports privatization.

The agreement signed by minister of social economy, SME, and handicraft in charge of government's general affairs Ahmed Lahlimi and TDA manager Joseph Grandmaison.

will help probe the privatization project of some airports in the kingdom in a bid to upgrade services and infrastructure to meet growing air-traffic demand and develop a competitive edge.

The signing ceremony was held in a side-activity to the USA-Maghreb conference on trade and development organized by TDA under the Eizenstat initiative meant to foster an economic partnership between Washington and Morocco, Algeria and Tunisia.

Over 20 investment projects worth several billion dollars were presented to American investors in the fields of energy, mining, tourism, industry, transport, telecom, Agri-business, basic infrastructure and petrochemicals.