Saudi ArabiaBusiness & Economy
Saudi Arabia grants Sudan $375 million
The government of Saudi Arabia has offered Sudan a grant of $ 375 million (100 million Saudi riyals) to boost its water, educational and health services.
Panafrican news agency PANA said the grant will be used to upgrade existing infrastructure and the construction of new ones.
According to the source, a joint Sudanese-Saudi committee set up to coordinate expenditure of the fund has begun to examine tenders put forward by 29 Saudi firms for the implementation of the projects.
The general manager of the National Water Corporation of Sudan, Abdulrazig Mukhtar, who is chairing the committee, told reporters Sunday that $ 150 million will be earmarked for drinking water, $ 93.75 million for health and another $ 93.75 million for educational projects.
He said all construction materials and equipment will be procured from the Saudi market.
