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China–Morocco relations

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China–Morocco relations refer to the bilateral relations between China and Morocco. China and Morocco established diplomatic relations in November 1958.

Chinese development finance to Morocco

From 2000 to 2012, there are approximately 36 Chinese official development finance projects identified in Morocco through various media reports. These projects range from a $248 million MOU with the Export-Import Bank of China to build the Berchid-Beni Mellal highway in 2011, to a CNY 150 million preferential loan agreement in Rabat to build and equip eight private general hospitals in various regions in Morocco.

In November 2016, Morocco announced it is currently planning to develop a new economic hub in the north of the country, with the assistance of development organisations and Chinese multinationals, including the international aeronautics firm Haite Group, Morocco-China International and BMCE Bank of Africa. The project is projected to cost $US11 billion.

References

China–Morocco relations Wikipedia


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