YEMEN, SFD SIGN $ MLN 90 FINANCING AGREEMENTS

RIYADH, Jan. 25 (Saba) - Yemen and Saudi Fund for Development (SFD)
signed in Riyadh the final drafts of financing agreements for a
number of development and service projects in Yemen amounting to $
90 million.

The projects' drafts will be signed finally, as scheduled, during
the coming meetings of the Yemeni-Saudi Coordination Council.

The financing agreement drafts included projects of water and
sanitation for eight major cities at a cost of $ 40 million.

The two sides also signed drafts for two agreements amounting to $50
million for the project of the fifth energy project in Amran
Governorate and the project of electrical transmission line between
Bajil and Abs districts in Hajjah governorate.

They also agreed on sending a mission from the SFD early in February
to assess the studies to implement new projects.

AF/AF