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YemenBusiness & Economy

International bank finances Yemeni projects

Originally published

The World Bank is examining the process of financing Yemeni projects in the fields of water and sewage at a cost of $16.5 million.

Alexander MacFief from the bank's group for developing the infrastructure in Middle East and North African regions said that among the projects of the first stage, there is a water project for Sanaa that will cost $25 million, expected to be implemented in 1999 so that 3,000 houses will be benefit from the drainage services and renovation of the water network to serve 65,000 inhabitants.

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