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Delegation of Saudi Fund for Development calls on PM in Islamabad
March 23, 2024

A delegation of Saudi Fund for Development called on Prime Minister Muhammad Shehbaz Sharif in Islamabad.

The delegation was led by SFD Chief Executive Officer Sultan Bin Abdul Rehman Al Marshad.

On this occasion, the Prime Minister appreciated the signing of financial agreements worth 107 million dollars for construction of hydropower stations in AJK, which would not only provide clean energy but would also help eradicate the menace of deforestation, besides providing job opportunities to the local population.

The Prime Minister highlighted the need to expedite the processing of the new projects in the field of green energy and infrastructure, which once implemented, would go a long way in the economic revival of the country, besides serving the needs of the local communities.

The CEO SFD shared updates with the Prime Minister about the ongoing projects including Mohmand Multi-purpose hydropower Project, Golan Gol hydropower Project, Malakand Regional Development Project, and other projects funded through Saudi grants.