ID :
102949
Wed, 01/27/2010 - 19:36
Auther :

Saudi Fund for Development Provides Loan to Ivory Coast

Abidjan, January 27, 2010, SPA -- The Saudi Fund for Development and the
Republic of Ivory Coast signed here on Tuesday an agreement for providing a
loan amounting to SR 30 million for a road project, scheduled for completion in
20 years with an attached grace period of 5 years.


The agreement was signed by Ivory Coast's Minister of Economy and Finance
Debbie Kofi Charlie and SFD Director-General of Technical Department Eng.
Hassan bin Mohammed Al-Attas, in the presence of Saudi Ambassador to Ivory
Coast Jamal Bakr Balkheyour.


The project aims to develop a 85.7 km long road between Abidjan, the commercial
hub; and Iamosco, the administrative capital.


--SPA

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