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Saudi Fund for Development Finances Projects in Zambia
Dhu Published in Saudi Press Agency on 23 - 10 - 2013

AlHijjah 18, 1434, Oct 23, 2013, SPA -- The Saudi Fund for Development (SFD) has approved two agreements to offer a soft loan to contribute to the finance of the rehabilitation project of the University Teaching Hospital (UTH) in Lusaka in addition to financing the export of a variety of non-oil goods in the Republic of Zambia, with a total value of SR 150 million.
The two agreements were signed yesterday in Lusaka.
In a press statement today, Engineer Yousef Ibrahim Al-Bassam, SFD Vice President and Managing Director said that the provision of such financial facilities comes within the framework of the good relations between the Kingdom of Saudi Arabia and Zambia.

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