France’s AFD Loans €100 Million for New Tramway Lines in Casablanca ...Morocco

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France’s AFD Loans €100 Million for New Tramway Lines in Casablanca
source : Marocpress ( Morocco ) () 12
Rabat – The French Development Agency (AFD) and Casa Transport en Site Amenage SA have signed a loan agreement of €100 million to expand tramway lines in the city of Casablanca.AFD shared a statement with Morocco World News explaining that the deal seeks to support Casa Transport to establish two new tramways to improve mobility for Casablanca residents.The loan agreement includes a technical assistance grant of €5.5 million.“This new financial and technical support fromAFD to Casa transport consolidates the quality of their partnership relations and will expand the public transport offer [to be] accessible to as many people as possible,†AFD said. The agreement also seeks to promote

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