KSA donates $200m to build Yemeni hospital
Foundation stone laid for King Abdullah Medical City in capital Sana'a
Saudi Arabia has donated $200m (SAR750m) to Yemen for the construction of King Abdullah Medical City in Sana'a.
“The project will cost $230m and the Saudi government has given $200m to finance it,” an official statement said.
Abed Rabbo Mansour Hadi, Yemeni President, laid the foundation stone for the multi-specialty hospital on Thursday (2 January) and thanked Saudi Arabia for its generous support.
President Hadi also laid the stone for a new $62m road project in Sana'a – $50m of which was financed by the Saudi Fund for Development (SFD).
SFD has signed three other deals worth $114.2m to finance development projects in Yemen aimed at fighting poverty, reducing unemployment and improving the health condition of people in the country.
Yousuf Al-Bassam, vice president and managing director of SFD, signed the agreements with Mohammed Al-Saadi, Yemen’s minister of planning and international cooperation.