https://arab.news/9tc9h
- Initiatives include 17 development projects in 6 sectors, valued at $400 million
- A further $200 million will provide oil derivatives to operate power stations
RIYADH: Saudi Arabia has announced a number of vital developmental projects in Yemen to bolster the economy, the Kingdom’s deputy defense minister said on Thursday.
“The initiatives include 17 development projects in 6 sectors, valued at $400 million, in addition to $200 million in oil derivatives for power stations,” Prince Khalid bin Salman tweeted.
The projects will be carried out by the Saudi Development and Reconstruction Program for Yemen and aim to help the Yemeni people.
Prince Khalid met with the President of the Yemeni Presidential Leadership Council Dr. Rashad Al-Alimi and members of the council to convey the Kingdom’s support and appreciation for their efforts.
The deputy defense minister said Saudi Arabia is committed to alleviating the suffering in Yemen and achieving security, peace, stability, and economic development.