The Islamic Development Bank (IDB) granted two loans to Morocco for a global amount of 284.79 million USD (2.4 billion dirhams), for the implementation of hydropower and water drinking projects.

The Islamic Development Bank (IDB) granted two loans to Morocco for a global amount of 284.79 million USD (2.4 billion dirhams), for the implementation of hydropower and water drinking projects.

The first loan, amounting to 200 million USD (1.7 MMDH),aims to implement the hydroelectric complex M'dez El Menzelwith a capacity of 170 MW.

This complex consists of two hydroelectric dams associated with M'dez and AinTimedrine in Sefrou region that are part of the High Sebou equipment program. The implementation of this complex, which is part of the national energy strategy for the enhancement of national resources and the development of renewable energy, will contribute to strengthening the country's electricity supply in the best conditions of reliability.

The second loan, amounting to 84.79 million USD (730 MDH), concerns the project to supply eight provinces in Moroccowith drinking water, namely Marrakech, Essaouira, Al Haouz, Kalaat Sraghna, Chichaoua, Meknes, Zagora and FahsAnjra.

This project is part ofwidespread access to drinking waterprogram in rural areas and securing drinking water supply in urban areas. It aims to improve the living conditions of populations and secure environment, through supplying drinking water to a rural population of about 427.000 inhabitants and strengthening supply systems for an urban population of 261,000 inhabitants in 2030.