Saudi Fund for Development Signs Two Development Loan Agreements Worth $150 Million in Guyana
(from left to right): Guyana Minister of Finance, Hon. Dr. Ashni Singh & The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad (Photo: AETOSWire)
During the signing ceremony, President Ali said: “We are very pleased that we were able to advance the projects at such a pace,” as he reminded that projects will not only bring temporary relief but also permanent benefit to citizens as it forms part of the larger infrastructure masterplan of the country and will help Guyana on its journey to modernization.
SFD’s Chief Executive Officer, H.E. Sultan Al-Marshad, said: "Today's agreements mark SFD’s first presence in Guyana and the beginning of development cooperation between both our countries. The two agreements signed today aim to support the housing and transportation infrastructure sectors in the country, which will lead to major benefits in health, education and the standard of living. Both of these infrastructure projects will support access to vital services, and represent an essential drive for achieving seven United Nations Sustainable Development Goals (SDGs), particularly SDG 3, Good Health and Wellbeing, SDG 6, Clean Water and Sanitation, and SDG 11, Sustainable Cities and Communities.”
About SFD
SFD contributes to development projects by providing soft loans, and prioritizes the financing of projects in developing countries.
*Source: AETOSWire
View source version on businesswire.com: https://www.businesswire.com/news/home/20230614835165/en/
Website: https://www.sfd.gov.sa/en/
Contact
Saudi Fund for Development
Randah Al-Hothali
00966112794448
This news is a press release provided by The Saudi Fund for Development. Korea Newswire follows these editorial guidelines.
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10월 18일 14:30