Islamabad:
Saudi ambassador Nawaf Bin said Al-Malki reaffirmed on Friday’s unwavering support for Pakistan’s development trip.
Speaking at a ceremony that marks the firm of consulting services contracts to support development projects in Pakistan, funded by the Saudi Fund for Development (SFD), Al -Malki said that the projects would provide vital services, would boost economic growth and contribute to the well -being of the Pakistani people.
The Saudi Fund for Development (SFD) has signed consulting service contracts for three important projects in Pakistan, the King Salman hospital in Tarlai and the hydroelectric projects of Shouter and Jagran in Azad Jammu and Kashmir, with a combined financing package for $ 121 million.
The King Salman hospital will be financed through a subsidy of $ 20 million of the kingdom of Saudi Arabia, while the hydroelectric projects of Shouter and Jagran will receive concessional loans of $ 66 million and $ 35 million respectively.
