Saudi Arabia provides 150 million dollars for public infrastructure

Arábia Saudita disponibiliza150 milhões de dólares para infra-estruturas públicas

Saudi Arabia will provide 150 million dollars to finance the construction of public utility infrastructures in Mozambique.

According to Notícias online, the fund is the result of a bilateral agreement between the two countries, signed yesterday in Riyadh by the Minister of Economy and Finance, Max Tonela, and the Chairman of the Board of Directors of the Saudi Development Fund, Sultan Abdulrahman Al-Marshad, on the sidelines of the first edition of the Saudi Arabia-Africa Summit.

According to the source, the money will be used for three projects included in the government's Five-Year Plan for the 2020-2024 period, namely the construction and equipping of five hospitals as part of the presidential initiative "One District, One Hospital", in the districts of Chimbonila, Niassa; Ribáuè, Nampula; Molumbo, in Zambézia; Vanduzi, in Manica; and Limpopo, in Gaza province.

The money will also be used to build a dam in Muera, which will help alleviate the lack of water in the districts of Mueda, Muidumbe and Nangade, in Cabo Delgado.

It will also be used to rehabilitate and widen two sections of National Road Number One (N1) on the Benfica-Zimpeto, 3 de Fevereiro-Incoluane stretches.

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