Thursday, March 15, 2007
Environmental work in Chefchaouen
With a recent flurry of interest in buying property in the beautiful hill town of Chefchaouen comes the timely news that the Oued Ras El Maa - the river that flows through the town - is to be cleaned up
The Spanish construction group, Joca, which is based in Badajos, will invest Four million USD in a liquid sanitation treatment project estimated to be worth Euro 3.2 Million. The contract provides for building a treatment plant to avoid the contamination of Oued Ras El Maa waters and treat wastewaters sanitation and pumping. Joca is a civil engineering company set up four decades ago. In 2005, it achieved a turnover amounting to USD 205Mn. With this contract, the Joca group starts its first activities in Morocco, notably in public works.
The project, led by The Moroccan drinking water facility (ONEP), is part of Moroccan-Spanish collaboration in environment, through debt conversion into investments. Spain had decided to convert USD 40Mn of Morocco's debts into public investments. USD 30Mn of this sum will be invested in liquid sanitation treatment projects in the northern region, while the remaining money will be earmarked for other projects planned part of the large-scale poverty slashing National Initiative for Human Development.
Tags: Moroccan Morocco Fes, Maghreb news
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