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Morocco to invest $10bln in energy

Posted on 09 March 2009

From Tehrantimes.com: Morocco has announced plans to invest Dh90 billion ($10.29 billion) in projects across the energy spectrum. It will build more power plants, expand oil storage capacity and step up exploration for hydrocarbons for the six-year period to 2015, said Amina Benkhadra, Morocco’s energy minister.

“This plan links the government and the private sector to implement a strategy aimed at securing energy supply and diversifying energy sources at the right costs,” he told a gathering of top government officials, bankers and executives….. Full Article: Source


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