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Irrigating Ashtukah Ait Baha Area with Desalinated Seawater in the Kingdom of Morocco

July 26, 2014

Project End:2019 Project Status:Active Project Phase:Approved Facility Type:Transmission and Distribution of Irrigation Water,Desalination Plant. Scope Of work:The project will contribute to the development of agricultural exports and to the conservation of the environment, and the provision of new job opportunities. The project includes the following key elements: 1. Desalination Plant and the Facilities for the Transmission and Distribution of Irrigation Water 2. Supply of Electricity 3. Technical Services 4. Institutional Support. The project aims at achieving safe and sustainable use of the Ashtukah water basin, stopping its depletion, and conserving the existing irrigation structures and agricultural facilities in the Ashtukah Ait Baha area, along with enhancing the production of high value added vegetablesby desalinating sea water and distributing it to the farmers. The loan will carry interest at 3% per annum and will be repayable over 22 years with a 5 year grace period. The Ministry of Agriculture and Fisheries will be the beneficiary of the loan, and will be responsible for implementing the project, which is expected to be completed in the third quarter of 2019. With the signing of this loan, the Arab Fund%s total contribution to financing projects in the Kingdom of Morocco now amounts to KD 1,197.90 million. Latest Event: A loan agreement for KD 50 million was signed in Jeddah on the 24th of June 2014 to help finance a project for irrigating Ashtukah Ait Baha area with desalinated seawater in the Kingdom of Morocco. The loan agreement was signed by H.E. Mr. Mohammed Bou Said, Minister of Economy and Finance, on behalf of the Government of the Kingdom of Morocco. H.E. Mr. Abdlatif Yousef Al Hamad, Director General/Chairman of the Board of Directors of the Arab Fund, signed the loan agreement on behalf of the Fund.

Project completion date : 2019-12-31 12:00:00


Address : Avenue Mohamed V, Quartier administratif Place Abdellah Chefchaouni,

Country :Morocco

Financier : Arab Fund for Economic and Social Development (Arab Fund),

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Source: TendersInfo (India)

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