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SDF agrees to grant Morocco a $200 million loan to help finance Tanja-Casablanca train project
Saudi Press Agency Published in Saudi Press Agency on 10 - 12 - 2010

An agreement upon which the Saudi Development Bank grants Morocco a $200 million loan to help finance Tanja-Casablanca express train project was signed in the Moroccan city of Tanja today.
In the presence of King Mohammed VI of Morocco, Minister of Economy and Finance Salah Al-Deen Mizwar singed for Morocco and Eng. Yousef bin Ibrahim Al-Bassam, the CEO of SDF signed for his organization.
The total cost of the project was estimated at 20 billion Moroccan Dirham with the contribution of Moroccan government, French government, France Development Agency, Saudi Development Fund, Abu-Dhabi Development Fund, Arab Fund for Economic and Social Development and Kuwaiti Fund for Arab Economic Development.

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