The Abu Dhabi Fund for Development (ADFD) said in a statement that the fund would finance 33 projects worth 23 billion dirhams in Bahrain.
Publish dateMonday 16 December 2024 - 22:37
According to Amac News: The The Abu Dhabi Fund for Development statement said that ADFD has contributed to the development of infrastructure and sustainable development projects in Bahrain by financing 33 development projects worth 23 billion dirhams.
These projects cover key sectors such as housing, energy, transportation and health, and help meet financing needs and support the fiscal balance plan for 2023 and 2024, thereby strengthening the country's economic growth.
Mohammed Saif Al Suwaidi, Director General of ADFD, said that the strategic partnership between ADFD and Bahrain has played a fundamental role in driving transformative development in various sectors.
He noted that ADFD’s financial support, combined with its expertise in project development and management, has helped Bahrain implement ambitious projects that have had a profound impact on the country’s landscape.
ADFD’s portfolio of projects in Bahrain is diverse and covers vital sectors such as housing, energy, transportation and healthcare.
By investing in these areas, ADFD has directly contributed to improving the quality of life of Bahraini citizens and the partnership between the Abu Dhabi Fund for Development and Bahrain serves as a model for regional cooperation.
Al Suwaidi said that ADFD has solidified its position as a trusted partner and catalyst for positive change by investing in critical infrastructure, promoting sustainable development and improving the lives of Bahraini citizens.
Since 1974, the Abu Dhabi Fund for Development (ADFD) has played a significant role in supporting Bahrain’s economic growth and social progress.
These projects cover key sectors such as housing, energy, transportation and health, and help meet financing needs and support the fiscal balance plan for 2023 and 2024, thereby strengthening the country's economic growth.
Mohammed Saif Al Suwaidi, Director General of ADFD, said that the strategic partnership between ADFD and Bahrain has played a fundamental role in driving transformative development in various sectors.
He noted that ADFD’s financial support, combined with its expertise in project development and management, has helped Bahrain implement ambitious projects that have had a profound impact on the country’s landscape.
ADFD’s portfolio of projects in Bahrain is diverse and covers vital sectors such as housing, energy, transportation and healthcare.
By investing in these areas, ADFD has directly contributed to improving the quality of life of Bahraini citizens and the partnership between the Abu Dhabi Fund for Development and Bahrain serves as a model for regional cooperation.
Al Suwaidi said that ADFD has solidified its position as a trusted partner and catalyst for positive change by investing in critical infrastructure, promoting sustainable development and improving the lives of Bahraini citizens.
Since 1974, the Abu Dhabi Fund for Development (ADFD) has played a significant role in supporting Bahrain’s economic growth and social progress.
amacnews.com/vdci.uarct1apuli2t.html
Source : news agency wam
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