Canada Global (Web News) Agreements worth 107 million dollars were reached between the Saudi Fund for Development and Economic Affairs.
A delegation of the Saudi Fund for Development met the Minister of Economic Affairs Ahad Cheema, the Minister of Economic Affairs appreciated the cooperation in health, energy, infrastructure. According to the statement, in the meeting, $66.00 million was allocated for the Shuntar Hydropower Project and Jagran IV Hydropower Project. 41.00 million dollar loan agreements were signed for
Secretary Economic Affairs Division and Chief Executive Officer SFD signed the agreements, electricity generated from both power projects will be transferred to the National Grid. SFD delegation assured continued support to Pakistan.
March 23, 2024