ONEE : Two loan Agreements of over 115 mln Euros for securing access to water in Morocco

The National Office for Electricity and Drinking Water (ONEE) signed, on Friday, two loan agreements worth more than 115 million euros with the African Development Bank (AfDB) and a Chinese Fund, to finance a program to secure access to water in Morocco.

The program benefits a current global population of 2.5 million that will reach 3.3 million by 2040, said the ONEE in a statement, adding that the first agreement concerns an AfDB loan totaling 79.33 million euros, while the second loan is granted by China's Africa Growing Together Fund (AGTF) for an amount of 43.36 million dollars, managed by the AfDB.

The two agreements were signed by ONEE Director General Abderrahim El Hafidi and AfDB resident representative in Morocco, Leila Mokadem.

This program concerns the supply of raw water from the Ghriss dam to the Al Hoceima treatment plant, and the supply of water from the Ibn Battouta dam to the Mharhar treatment plant (Tangier).

It also provides for the strengthening of water production in the Guercif region from the Targa ou Madi dam, and the strengthening of the treatment capacity for the Beni Mellal region and the water production of the Zagora region from the Agdez dam.