(from left to proper): The Prime Minister of Grenada, Hon. Dickon Mitchell, and the Saudi Fund for Development (SFD) Chief Govt Officer, H.E. Sultan Al-Marshad.
ST. GEORGE’S, GRENADA, August 14, 2023/EINPresswire.com/ — The Saudi Fund for Development (SFD) Chief Govt Officer, H.E. Sultan Al-Marshad, and his accompanying delegation, held a courtesy go to to the Caribbean nation of Grenada, and met with the Prime Minister of Grenada, Hon. Dickon Mitchell.
In the course of the assembly, avenues of collaboration and potential development tasks have been mentioned, and the significance of worldwide cooperation and solidarity was underlined, by way of the way it may also help to notice sustainable development, and foster financial and social development, notably in Small Island Growing States (SIDS). Furthermore, each events explored key developmental sectors, together with areas akin to social infrastructure, power and financial development, the place SFD might probably present its help.
On this event, the Prime Minister of Grenada, Hon. Dickon Mitchell, stated: “I’m immensely joyful to welcome to Grenada the delegation of the SFD, led by H.E. Sultan Al-Marshad. This go to is a sworn statement to the dedication of the SFD, and the Authorities and folks of Kingdom of Saudi Arabia, to forge an in depth partnership with Grenada, centered on socio-economic development and conscious of the inherent vulnerabilities of SIDS. Grenada and the SFD are working in the direction of concluding an settlement that may enable the Fund to help main infrastructural tasks that handle Grenada’s resilience, mitigation and adaptation to the dangerous results of local weather change on a few of the nation’s vital city, rural and main vacationer websites, together with the seacoast and seashores.”
On his half, the Chief Govt Officer of SFD, H.E. Sultan Al-Marshad, stated: “I’m delighted to be right here immediately in Grenada, to discover potential development cooperation with the federal government, and tasks that may assist generate socio-economic development and profit the native inhabitants. SFD has lately been lively in offering its help all through the SIDS, and we glance ahead to contributing in the direction of Grenada’s development journey, and serving to the nation obtain its sustainable development targets.”
The go to aligns with SFD’s efforts to contribute in the direction of environmental sustainability and development throughout growing nations, together with the SIDS and Caribbean nations. Since operations started in 1975, SFD has carried out greater than 700 development tasks and packages in 89 nations all over the world.
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In regards to the Saudi Fund for Development
The Saudi Fund for Development (SFD) is a authorities entity that gives comfortable development loans and grants to finance development tasks and packages in growing nations.
Since 1975, SFD has financed over 700 infrastructure tasks in 89 nations throughout varied sectors akin to transportation and communications, social infrastructure, agriculture, power, trade and mining, and others. The tasks help producing socio-economic development and assist to enhance the residing requirements of deprived communities in nations most in want. SFD’s actions are aligned with the worldwide development ideas and contribute in the direction of realizing the UN’s Sustainable Development Objectives. Furthermore, it unifies its efforts in development help via partnerships and cooperation with regional and worldwide organizations.
https://www.sfd.gov.sa/en
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