SABA - Yemen news agency

Print date: 16-07-2018
Article link: http://www.sabanews.net/ar/news203527.htm
  Economy
Oman grants $ 40 mln for projects in Yemen
[19/January/2010]

MAHRAH, Jan.19 (Saba) – The technical consultant of the Arab Fund for Economic and Social Development (AFESD) Mowafaq al-Saghar has visited Maharh province in south Yemen to coordinate with governor Mohammed Khodem on a $ 40 million grant offered by Oman.

Speaking to Saba, al-Saghar said that the grant was allocated to build a modern hospital in Maharah and extend sanitation and water facilities in Ghidha city.

He pointed out that Oman's grant was part of the donators' pledges at the London
Conference held in 2006, noting that the two AFESD-would-be-implemented projects would be set up by April.

"The allocation for the hospital is $ 25 million and $15 million for the sanitation project", al-Saghar added.

The AFESD is an autonomous regional Pan-Arab development finance organization. Its membership consists of all states who are members of the League of Arab States.

YA