Kuwait assists in rehabilitation of Cuban aqueduct
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| Published on Saturday, November 21, 2009 |
Email To Friend Print Version | HAVANA, Cuba (ACN) -- Representatives from Cuba and the Kuwait Fund for Arab Economic Development (KFAED) have signed an agreement for a joint project to rehabilitate the eastern Holguin city’s aqueduct.
The Kuwaiti financing is of 15.2 million dollars to be used in the setting up of main and secondary water lines and pumping stations; to repair three waterworks plants and to build a new one; and to purchase water tanks for this eastern city.
Ghanem Sulaiman Al-Ghenaiman, KFAED deputy director-general signed the agreement along René Mesa Villafaña and Jacobo Peison Weiner, president of the Cuban National Institute of Hydraulic Resources (INRH) and of the Banco Exterior de Cuba, respectively.
Mesa Villafaña told ACN news agency that this project completes a series of financial operations to conclude the rehabilitation works in Cuba.
Sulaiman Al-Ghenaiman said his institution is ready to contribute with other infrastructure plans in the Caribbean nation.
The first such accord was signed in Havana city in 2003 to rehabilitate the Santiago de Cuba Aqueduct which is already in is finishing stage.
In December 1961, the Kuwait Fund for Arab Economic Development was established as the State of Kuwait’s agency for the provision and administration of financial and technical assistance to the developing countries. | | | | Reads : 567 | | | |
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