None
EN
Kuwait Fund signs finance deal for Duqm roads project
['Staff Writer']
Zawya.com - All Regional News
Kuwait Fund for Arab Economic Development has signed a key agreement with Oman's Public Authority for Special Economic Zones and Free Zones (Opaz) for the financing of the second phase of the internal roads project in the Special Economic Zone at Duqm (Sezad), reported ONA.
The scope of the project includes the development of main and secondary road networks through the paving of internal roads in the First and Second Residential Areas and the Industrial Area, said the report.
It was attended by Qais Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones along with other officials.
On the deal, Al Bahar said the funding for the implementation of the Phase II of Sezad's Internal Roads project stands at RO 12.4 million.
"The agreement pertains to financing the second phase of the internal roads project in the commercial district of the Sai district," remarked Eng.