Saudi Fund for Development helps Comoros with $5m water project 

Saudi Fund for Development helps Comoros with $5m water project 
The project will benefit about 83,000 people. (SPA)
Short Url
Updated 29 October 2022
Follow

Saudi Fund for Development helps Comoros with $5m water project 

Saudi Fund for Development helps Comoros with $5m water project 

MORONI: A Saudi Fund for Development delegation laid the foundation stone for a $5 million water project in Moroni, Comoros, the Saudi Press Agency reported on Friday. 

The project will benefit about 83,000 people in 17 villages, enhancing water and food security, reducing the rate of disease and epidemics, and facilitating access to clean drinking water sources.

It aims to establish a water treatment plant, rehabilitate and construct water tanks, in addition to constructing distribution networks in villages, and improving drinking water sources from the former water distribution network.

The ceremony of laying the foundation stone was attended by Minister of Energy, Water and Hydrocarbons of Comoros Ali Abrau, Minister of Finance and Budget Mazi Abdo, and Saudi Ambassador to Comoros Atallah bin Zayed Al-Zayed.

Abrau voiced his appreciation for the Kingdom’s efforts through SFD in Comoros since 1981, helping the country to create job opportunities and facilitate development. 

Bandar Al-Obaid, director-general of the Arab Countries Operations Department at SFD, said that the project will support the water sector in Comoros and is “a tributary of development.”

Since 1981, the fund has provided four development projects through soft development loans worth more than $61 million, in addition to three grants provided by the Kingdom worth $10 million to contribute to growth and prosperity.