The African Development Bank plans to lend Morocco €650 million to develop transportation infrastructure for the World Cup in 2030, MAP state news agency quoted the bank's head as saying on Thursday.
Bank President Akinwumi Adesina said financing to develop Morocco's rail and airport infrastructure for the World Cup would be put to the board for approval.
Morocco will host the 2030 World Cup jointly with Spain and Portugal. It will be the second African country to host the World Cup after South Africa in 2010.
The North African country has begun plans to develop air, road and rail infrastructure projects.
Morocco also plans to build a large stadium in Benslimane, near Casablanca, and upgrade six others, the government said last year.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Hearts midfielder Saani Mohammed joins Danish side AC Horsens
4 minutes -
West Ham to appoint Potter after sacking Lopetegui
26 minutes -
Ablekuma North: We won’t accept any ‘illegality’ coming from EC – NDC
27 minutes -
I’m done with Ablekuma North, EC should find a new person – Returning officer
30 minutes -
Ghana has the human resources to deal with energy crisis – Mahama
2 hours -
We will miss our former MP Joseph Cudjoe – Effia constituents
2 hours -
Urban Sports Festival: 2025 edition set for January 25 in Accra
2 hours -
Mahama to scrap import duty on vehicles in first 100 days – NDC 2024 manifesto
3 hours -
Appoint the right people to creative arts institutions – Akofa Edjeani to Mahama
3 hours -
Speaker refers to NPP MPs as ‘Micro-Minority,’ sparks outrage
3 hours -
NJOA: An ode to Professor Naana Jane Opoku-Agyemang
4 hours -
Scuffle breaks out during recollation of Ablekuma North parliamentary results
4 hours -
CLOGSAG condemns forceful ejection of civil servants from official residences
4 hours -
Europe will not allow attacks, says France, after Trump Greenland threat
4 hours -
Kejetia traders uneasy about recent fire outbreaks in some markets
5 hours