EBRD invests €14m in Morocco’s Multisac

EBRD invests €14m in Morocco’s Multisac

The European financial institution is renewing its previous support of new expansion projects for the Bouznika-based company’s industrial-use woven bags.

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            ▪ EBRD invests €14m in Morocco’s Multisac

▪ The European financial institution is renewing its previous support of new expansion projects for the Bouznika-based company’s industrial-use woven bags.

https://www.africabusinessplus.com/en/814207/ebrd-invests-e14m-in-moroccos-multisac/

European Bank for Reconstruction and Development (EBRD) is showing strong support for the new industrial project of the Moroccan company Multisac.

The company manufactures ultra-resistant woven polypropylene bags for professional use in the packaging of bulk products (food, industry, construction, etc.). A senior loan of MD 160 million (€14.3 million) was approved on 6 December.

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