Abu Dhabi Fund Invests $2.4 Billion in 82 Moroccan Development Projects
The Abu Dhabi Fund for Development (ADFD) has launched 82 investment projects in Morocco for a budget of around 9 billion dirhams.
Since 1976, the Abu Dhabi Fund for Development has been investing in key sectors of the Moroccan economy. To date, 82 projects have been launched, totaling an envelope of 9 billion dirhams, according to the official Emirati news agency.
The close cooperation between the two states has enabled the launch of several investment projects covering various sectors such as roads, transport, social development, education, health and housing.
Established in 1971 to provide assistance to developing countries, the Abu Dhabi Fund for Development has always been dedicated to supporting the economic development of Morocco, through a strategic cooperation program in the economic and social sectors.
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