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Representatives of the Saudi Fund for Development conclude visit Belize

Posted: Tuesday, August 30, 2022. 11:18 am CST.

By Benjamin Flowers: Representatives of the Saudi Fund for Development (SFD) concluded a four-day visit to Belize last week, according to the Government of Belize (GOB).

Eng. Bandar Alharbi, Director for Europe and Latin America Operations, and Eng. Ibrahim Alsayyar, Construction and Transportation Sector Specialist, of the Saudi Fund for Development (SFD) visited Belize from August 22 to 25, 2022.

GOB explained that the Saudi Fund for Development provides soft loans and grants to finance development projects and programs in developing countries and that it has been in communication with SFD seeking opportunities for financing for a number of projects including the construction of a hospital.

“During the visit, they met with Hon. Kevin Bernard, Minister of Health & Wellness; Hon. Christopher Coye, Minister of State in the Ministry of Finance, Economic Development and Investment, and officials from those ministries. They also met with Dr. Vincent Palacio, President of the University of Belize, and other representatives from the institution,” GOB said.

Government also explained that SDF works to finance projects aimed at improving the living standards of disadvantaged communities and support countries most in need. The support is provided by the Kingdom of Saudi Arabia to enhance economic and social growth.

 

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