Riyadh, A Saudi Fund For Development (SFD) delegation has inaugurated a $ 40 million project to rehabilitate the water and sanitation system in Camaguey, Cuba, which was financed by the Fund and aims to enhance the efficiency of drinking water systems, improve health and environmental levels and support social and economic development, through providing clean potable water to more than 270,000 people in Camaguey and neighboring cities.
The ceremony was attended by Saudi Ambassador to Cuba Faisal bin Falah Al-Harbi, and from the Cuban side, the Vice-Governor of Camaguey, Carmen Maria Hernandez Requejo, the Vice-President of the National Institute of Water Resources Bladimir Catos Moya, and several senior officials in the city.
The city’s Vice-Governor commended the Kingdom’s contributions through SFD in supporting and developing infrastructure projects in Cuba, and the positive impact of this vital project, which will contribute to improving living conditions, enhancing sustainable food security, and reducing the spread of diseases caused by unclean water.
On the sidelines of the visit to Cuba, the delegation engaged in several meetings with the Deputy Prime Minister of Cuba, Ricardo Caprisas Ruiz, and other Cuban officials, where the two sides discussed means to follow up on the progress of implementation of the development projects financed by SFD.
SFD has contributed to providing support to the Cuban economy through the Saudi Export Support Program during the program’s work under the Fund’s umbrella, where an agreement was signed in 2016 by the Cuban Ministry of Foreign Trade and Foreign Investment valued at $ 50 million to import plastic, mineral, agricultural materials, and equipment.
Source: Saudi Press Agency