The director general of the National Office of Electricity and Drinking Water (ONEE), Abderrahim El Hafidi, and the head of the Water Resources and Waste Management Division, North Africa, of the German Development Bank (KfW), Joerg Dux, signed three new financing contracts for a total amount of 52.6 million euros, the Office announced Tuesday.
The first financing contract, endowed with 28.5 million euros, concerns the Drinking Water Supply Program for small and medium-sized centers, the Office emphasizes in a statement.
As for the second financing contract, amounting to 21 million euros, it concerns a second Water Supply Program, also for small and medium-sized centers, the same source said.
As for the third financing contract, it provides for financial aid for accompanying measures within the framework of the Drinking Water Supply Program for small and medium-sized centers.
With a total contribution from the German bank of some 902 million euros, this financing is a continuation of KfW’s support to ONEE, which dates back to 1981, for the achievement of its strategic objectives in the fields of drinking water and liquid sanitation.
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