Agreements for cooperation between Yemen and Arab and European sponsors [Archives:2004/728/Local News]

April 12 2004

Wednesday 4 April, Sana'a- Yemen and Arab Fund for Economic and Social Development signed an agreement to finance a number of rural roads, 1000 km in length in total. The Fund will contribute 80 million USD. The agreement stipulates the implementation of 80% of construction works needed to develop a number of rural roads at different parts of the country.
Moreover, an agreement was signed at the Ministry of Planning and International Cooperation to implement the Bab Al-Mandib Strait Water Project, financed by European Commission, within the framework of the European Food Security Program. More than 20 thousand inhabitants will benefit from the project.