Genesis Morocco: What to expect of the Europeans.


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Genesis Morocco

Project Genesis is a strategic sustainable development framework for Morocco to translate from being a net importer of energy and a country facing water shortage issues, into the number one producer both of clean renewable energy and water in the region.

Tuesday, December 1, 2009    <<Home

What to expect of the Europeans.

Just a few thoughts here, about the implementation and financing of Project Genesis. The large scale of the project allows for several stake holders, be it technology transfer, program management, infrastructure, we should be looking at a diverse international team composition.

The main goal is to offset any possible leverage geared towards making Project Genesis too dependent on its main customer target : the EU market.

If the Europeans want to do business then the most likely slot is amongst the investors, since we shouldn't have a sole partner monopolizing all aspects of the project, financial, technical, etc.

They should also start talking debt reconversion towards renewable energy project in our country, that is if they want to play ball. Were talking billions and not handouts, if not, we can look at Chinese FDI, they already built most of our large scale dams.