Paris - Nearly one quarter of Côte d'Ivoire's 2015 international investment came from Morocco, making it the country's prime foreign investor, wrote French paper Le Monde on its website.
Paris – Nearly one quarter of Côte d’Ivoire’s 2015 international investment came from Morocco, making it the country’s prime foreign investor, wrote French paper Le Monde on its website.
In an article entitled “Rabat joins Abidjan to revamp the Cocody Bay”, the daily said that this broad-scope project, which symbolizes the reinforcement of the Moroccan-Ivorian economic cooperation, testifies to the Kingdom’s ambition to turn towards Africa and invest in it.
Quoted by the paper, Ibrahim Touré, technical advisor of the national office for technical studies and development (BNETD), which oversees technical works along with Morocco’s Engineering and development council (CID), said that the main goal of this project is to restore the ecosystem of the Cocody Bay and the Ebrié Lagoon.
The paper recalled that Ivorian PM Daniel Kablan Duncan underlined on Jan. 18, during the project’s launch ceremony, that the Cocody Bay’s rehabilitation is the materialization of a major economic and strategic project for Abidjan.
Said Zarrou, director general of Marchica Med, the Moroccan enterprise tasked with carrying out the said project in collaboration with the Ivorian government, said that the project’s first phase, which spans nine months for an amount of 10 billion CFA francs, consists of redeveloping banks to protect the lagoon against floods.