Brussels, 05/10/2012 (Agence Europe) - On Thursday 4 October, the European Investment Bank (EIB) announced it planned to grant a loan of €100 million for seven technology parks throughout the Kingdom of Morocco. According to the EIB, the aim of the loan is to “provide international standard infrastructure and services and foster the development and competitiveness of Moroccan companies by catering for their training and R&D needs”. The loan goes to MEDZ, a subsidiary of CDG Développement. “This loan is providing timely support for MEDZ's ambitious programme of investing nearly 3 billion dirham in these seven technology parks”, said Anass Houir Alami, Chairman of MEDZ's Supervisory Board and Head of “Caisse de Dépôt et de Gestion”. The EIB underlines that Morocco was, in 2011, one of the leading beneficiaries of EIB action, attracting €200 million of investment. In 10 years, EIB financial commitment in that country has amounted to €4.7 billion in key sectors such as energy, transport, water, small and medium-sized enterprises (SMEs), urban infrastructure, industry and education. (FB/transl.jl)