[29 November 2008]

SANA'A, Nov. 29 (Saba) - Islamic Development Bank (IDB) agreed here on Saturday on contributing to $42 million to finance three development projects in Yemen.

After a talk session, Ministry of Planning and International Cooperation signed with the IDB the concluding minute that stipulated the Bank's contribution to financing the second phase of agricultural development in Abyan governorate, the establishment of silos at Salif port of Hodeidah governorate and reducing the vocational illiteracy project.

In addition, Planning Ministry signed a memorandum of understanding for the contribution of the British government and the IDB to finance the project of water Supplies and sanitation in Hotah city of Lahj governorate.

SA/AF

Saba