Saudi Arabia supports Indonesia’s development, funding 12 projects

Saudi Fund for Development
Through Saudi Fund for Development, Saudi Arabia has also funded 12 projects and programs for Indonesia's development in the transportation, communications, agriculture, infrastructure, ports, health and education sectors, with a total amount of more than 401.6 million U.S. dollars. (SFD)
Advertiser Popin

The Saudi Fund for Development (SFD) has funded 12 projects and programs for Indonesia’s development in the sectors of transportation, communications, agriculture, infrastructure, ports, health and education, with a total amount of more than 401.6 million U.S. dollars.

 

Jakarta (Indonesia Window) – Since 1976, Saudi Arabia through the Saudi Fund for Development (SFD) has contributed to strengthening the pillars of sustainable development in various fields in Indonesia.

This support is in the interest of the Kingdom government to support Indonesia and strengthen brotherly relations between the two countries, Indonesia Window quoted the Saudi Press Agency as saying on Thursday.

Through SFD, Saudi Arabia has also funded 12 projects and programs for Indonesia’s development in the transportation, communications, agriculture, infrastructure, ports, health and education sectors, with a total amount of more than 401.6 million U.S. dollars.

These development projects and programs contribute to the social growth and economic prosperity of the Indonesian people.

The Kingdom has a long history of development through the SFD, which is considered as an extension of international development. The Saudi Fund for Development supports various sectors in various humanitarian and development fields, in addition to strengthening partnerships with international organizations.

SFD has worked to support developing countries by creating opportunities that contribute to enhancing the economic and social growth of many peoples. Development projects and programs funded by these funding agencies in vital sectors contribute to improving living conditions and providing employment for millions of people.

The fund has also supported local content by encouraging Saudi firms and consultants to undertake international development projects in different countries.

The number of development activities that have been supported by the Royal Government, through the Saudi Fund for Development, since its establishment more than 48 years ago, has reached more than 697 development projects and programs in 84 developing countries around the world.

These projects and programs have contributed to achieving stability and prosperity in developing countries, with the aim of achieving prosperity for people in less developed countries.

Reporting by Indonesia Window

Advertiser Popin

Berkomentar?

Please enter your comment!
Please enter your name here