EU Bank Gives $89M For Morocco Potable Water Expansion

Law360, New York (January 29, 2014, 8:26 PM EST) -- The European Bank for Reconstruction and Development on Wednesday said that it will give €65 million ($89 million) to Morocco, in order to expand drinking water supplies in the country.

The money will fund Morocco's Office National de l'Electricite et de l'Eau Potable, which is planning to improve access to drinking water for 480,000 people living in the towns of Azilal, Ben Guerir and Quarzazate, as well as 260 rural communities, the bank said. Also, the money will pay for the third phase of ONEE's planned...
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