U.S. Trade and Development Agency
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FOR IMMEDIATE RELEASE: MEDIA INQUIRIES:
USTDA AWARDS GRANT TO ASSIST IN MODERNIZING
MOROCCO’S ELECTRICITY SECTOR
CASABLANCA, MOROCCO – Facilitating the transformation of Morocco’s electricity sector into a market based system is the goal of a U.S. Trade and Development Agency (USTDA) grant awarded on July 31, 2006 to the Office National de l’Electricite (ONE), a publicly owned utility company in Morocco. The $820,000 grant will be used to assist ONE in optimizing its internal reorganization within the framework of the modernization of the Moroccan electricity sector.
ONE is the principal actor in Morocco’s electricity sector, with a monopoly on transmission and the largest in-country distribution grid. Over the past few years, the government of Morocco has sought to restructure the country’s electricity sector, in support of the nation’s economic growth objectives, by increasing competition in an effort to meet demand and to lower prices.
An agreement was signed between USTDA and ONE to officially confer the grant. U.S. Ambassador to Morocco Thomas T. Riley and ONE Directeur Général Younes Kamal Maamar signed the grant agreement on behalf of the U.S. government and ONE, respectively.
The opportunity to provide the USTDA-funded technical assistance to ONE will be competed on the Federal Business Opportunities website (www.fedbizopps.gov). Interested U.S. firms should submit proposals according to the instructions contained in the Federal Business Opportunities announcement. ONE will select the U.S. contractor that will perform the technical assistance.
The U.S. Trade and Development Agency advances economic development and U.S. commercial interests in developing and middle-income countries. The agency funds various forms of technical assistance, early investment analysis, training, orientation visits and business workshops that support the development of a modern infrastructure and a fair and open trading environment. USTDA’s strategic use of foreign assistance funds to support sound investment policy and decision-making in host countries creates an enabling environment for trade, investment and sustainable economic development. In carrying out its mission, USTDA gives emphasis to economic sectors that may benefit from U.S. exports of goods and services.