Sunday, December 22

Abu Dhabi fund finances 82 projects worth 2.45 bln USD in Morocco

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Source: Xinhua
Editor: Mu Xuequan

The Abu Dhabi Fund for Development (ADFD) financed 82 projects worth 9 billion dirhams (2.45 billion U.S. dollars) in Morocco, official Emirates News Agency (WAM) reported Sunday.

The funds from Abu Dhabi, capital of the United Arab Emirates, are focusing on the development of key sectors in Morocco, including roads, transport, social development, education services, health care and housing, WAM said.

The ADFD, an aid agency established by the government of Abu Dhabi in 1971, has had a strategic development partnership with Morocco since 1976, which is marked by constructive cooperation to achieve sustainable development objectives in all economic sectors.

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