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RABAT, June 29 (Xinhua) -- The European Bank for Reconstruction and Development (EBRD) on Thursday granted Morocco 120 million U.S. dollars to financing a water conservation project in northern part of the country, official news agency Maghreb Arab Press reported.
The project consists of building a 135 km primary transmission pipe from the Mdez dam to the Saiss plain in northern Morocco, the report said.
It aims to replace water abstraction from the local aquifer and water resources of the Saiss plain, which is currently overexploited, according to the news agency.
It said over 7,000 peasants are expected to benefit from this project. Enditem
