WB donates Morocco 2.5 million dollars to fund coastal projects

The World Bank announced, on Friday, that it has approved a donation worth 5.2 million dollars to help fund Morocco’s integrated management project of coastal areas (GIZC).

This initiative is intended to help improve management of resources and create jobs in coastal Mediterranean areas in the Kingdom, the World Bank said.

The donation, part of the World Environment Fund, will contribute to fund GIZC projects in the Mediterranean coast with a view to develop agricultural and fisheries activities and protect the environment as well as to promote tourism and preserve water and forests.