Sunday, November 24

France loans Morocco 56 mln USD to strengthen aviation safety

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Source: Xinhua
Editor: yan

The French Development Agency (AFD) will offer the Moroccan Airports Authority (ONDA) a 50-million-euro (56 million U.S. dollars) loan to strengthen aviation safety, according to an agency statement on Friday.

An agreement on the loan, coupled with another one on a grant worth 400,000 euros, was signed in Morocco’s capital Rabat between AFD and ONDA on Friday.

According to the AFD statement, the two agreements will help improve airport security and energy efficiency measures.

The loan will also help the Moroccan authorities achieve their ambition to reduce energy consumption at airports and gradually introduce renewable energies, the statement said.

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