Jobs
Properties
Search
Categories
Companies
People
Sectors
Topics
Business
Events
Conferences
Local trade exhibitions
International trade exhibitions
Professional
Training
Executive training
Trade
Missions
Incoming
Outgoing
Weekly
Newsletter
View latest issue
Subscribe
Update my subscription
Unsubscribe
SUBMIT INFO
News
Conferences
Exhibitions
Tenders
Training
Missions
Search
Categories
Financial
Markets
Business
Events
Trade
Missions
Business
Research
Calculation
Tools
Weekly
Newsletter
SUBMIT INFO
CHAMPION OF THE DAY
LEADERS NEWS
$25 million from Kuwaiti Fund for refugee host communities
Share
The Council for Development and Reconstruction (CDR) signed two loan and grant agreements with the Kuwaiti Fund for Arab Economic Development (KFAED) for the purpose to carry out public works.
The $25 million grant will be dedicated to communities that are hosting Syrian refugees. The funds will be used to execute health, water, wastewater, and municipal capacity building projects.
Nabil Jisr, Chairman of the CDR, said: “These projects help host communities face the social and economic burdens and the pressure exerted on the infrastructure resulting from the presence of Syrian refugees.”
This is the third grant by Kuwait in support of host communities, bringing the total aid to $82 million.
The second agreement is for a loan valued at $60 million. The funds will be used for the development of wastewater networks between Saida, Tyre, and Nabatieh. It is the last group of new wastewater networks across the country that required funding.
Reported by Yassmine Alieh
Your browser does not support iframes.
Date Posted:
Dec 15, 2016
Share
Your browser does not support inline frames
ABOUT
ADVERTISE
SUBMIT INFO
RSS
CONTACT US
©
2022 by InfoPro sal. All Rights Reserved