(MENAFN) Kuwait Fund for Arab Economic Development (KFAED) was confirmed to have inked an USD24.78 million loan agreement to fund a hospital project in Mauritius.
In its statement, KFAED explained the objective behind the loan agreement to be financing the construction and equipment of the Teaching Hospital Project in Mauritius.
The project was said to be looking to support the development of the health sector of Mauritius through pushing it in meeting its growing demand for modern healthcare services, enhancing its quality, and securing hospital services.
The statement added that it will also offer more adequate infrastructure and technical facilities, as well as meeting Mauritians' needs for modern medical equipment and specialized diagnostic and therapeutic care services.
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