403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Kuwait inks loan agreement with Tajikistan
(MENAFN) A loan agreement worth KD7.5 million (USD25.5million) has been signed between Kuwait Fund for Arab Economic Development (KFAED) and Tajikistan aimed at repairing the roads in the central Asian nation, KUNA reports.
The endeavor entails reconstruction of sprawling roads stretching over 32 kilometers, in addition to building a pair of weigh stations, the statement noted.
KFAED has previously granted Tajikistan a quartet of loans at a cost of KD 17.2 million (USD 57 million) in a bid to usher overall development to the country.
Since its inception in 1961, the Kuwait-based fund has churned out loans and grants in an effort to contribute to economic growth in developing nations.
The endeavor entails reconstruction of sprawling roads stretching over 32 kilometers, in addition to building a pair of weigh stations, the statement noted.
KFAED has previously granted Tajikistan a quartet of loans at a cost of KD 17.2 million (USD 57 million) in a bid to usher overall development to the country.
Since its inception in 1961, the Kuwait-based fund has churned out loans and grants in an effort to contribute to economic growth in developing nations.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment