IDB, Morocco sign loan agreement to fund rail project
Morocco and the Islamic Development Bank (IDB), have recently signed an accord on a US$ 65 million loan to fund the Tangiers-Mediterranean rail section.
The agreement was inked by the head of the Moroccan railway office, Rabie Lekhlie, and Ahmed Mohamed Ali, head of the IDB, MAP reported.
Another agreement on US$ 421,000 technical aid to Morocco’s fire department was signed by Lekhlie and Moroccan finance and privatisation minister, Fathallah Oulaalou. (menareport.com)
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