A UAE-Morocco alliance has finalized deals for energy and water infrastructure projects valued at over $14 billion, as stated in an announcement made on Monday. This significant investment aims to enhance both water security and energy independence in Morocco.

The agreements were signed between the Moroccan state-owned National Office of Electricity and Drinking Water (ONEE), the Mohammed VI Public Investment Fund, and energy firms Taqa Morocco and Nareva, which is affiliated with the royal holding company Al Mada. According to Taqa Morocco, the total investment is projected to reach approximately 130 billion dirhams, or around $14 billion, by the year 2030.

Among the key projects outlined in the signed agreements is the construction of a 1,400-kilometer (850-mile) high-voltage line, which will transport green electricity from the disputed territory of Western Sahara to Casablanca. Additionally, the plans include the development of seawater desalination plants to address Morocco’s acute water stress challenges.

Over the last 15 years, Morocco has made substantial investments in renewable energy, which currently meets 38 percent of its electricity needs, with a target of reaching 52 percent by 2030. This initiative reflects Morocco’s commitment to expanding its renewable energy sources and improving its overall water resources through innovative projects.