Spain approves 5 million euro loan to Morocco's ONEE

Spain approves 5 million euro loan to Morocco's ONEE
Wednesday 12 April 2023 - 17:41

Morocco’s National Office of Electricity and Drinkable Water (ONEE) will receive a five million euro loan from the Spanish government to build two water treatment facilities.

Morocco is starting a project to supply drinking water by solar pumps, according to government sources from Madrid quoted in Spanish outlet The Objective. 

The project’s financing includes aid for research, the installation of solar-powered water pumps, as well as the maintenance of the plants for a duration of five years.

According to the Spanish Council of Ministers, the initiative is “of strategic importance for Spain,” as it signifies moving forward with trade relations with Morocco. 

The Spanish government stated that “trade relations between the two countries are expected to become even closer and that this will benefit our companies.”

This project is a component of Morocco’s strategy to expand access to drinking water throughout the Kingdom, all while ensuring it maintains its sustainability and clean energy goals.

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