Thursday, August 02, 2007

HRH Prince Moulay Rachid urges facilitation of infrastructure development

Morocco-Tangier, July 29, 2007 – His Royal Highness Prince Moulay Rachid, today urged to take effective measures for the newly road project in Tangiers’s community as he patronized the signing ceremony for the Road Development Convention.

His Royal Highness, who is dedicated to building life better for Moroccans of today and to make an even better future for young people, drafted the significance of road infrastructure as a key element to the economic prosperity, which is dependent on an effective and efficient transportation system.

His Royal Highness went on to emphasize the importance for increased capacity for roads, timely construction and greater access to ports, which would increase competitiveness in the global market and help the Kingdom’s economy to grow.

His Royal Highness, on his visit to Tangier aimed at spotlighting the issue of development, highlighted the measures to foster capital investment in public infrastructure that must be functional in a consistent and sustainable manner.

His Royal Highness Prince Moulay Rachid also addresses those disadvantages identified as problem areas, namely necessitates of reduction of bureaucratic regulations and improvement of public procurement and environment protection laws. The number of private initiatives remains limited, mainly because of strict legal rules for involvement of private businesses.

In addition, His Royal Highness reiterates his support to road projects that embrace road safety components, to ensure roads are projected with safety and that useful engineering, enforcement and education measures are combined together to endorse injury prevention.

Road project in Tangier will benefit from 285 million DH investment for infrastructure projects from Morocco’s various government levels funds.

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