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Delegation from Saudi Fund For Development meets with Lankan foreign minister

COLOMBO :  A delegation from Saudi Fund for Development,SFD, headed by Eng. Mohammad Al-Masoud, Director of Operations for Central and West Asia arrived in Sri Lanka  to follow up the ongoing development projects which are funded by the Saudi Fund for Development.

Since the beginning of its development activities in Sri Lanka, Saudi Fund for Development has contributed to finance (12) projects in the sectors of water, energy, health, roads and education, with a total amount of around $ 424.7 million .

In  Colombo, the delegation met with the minister of foreign affairs Ali Sabry to brief him on the projects undertaken in Sri Lanka. Saudi Ambassador Khalid Hamoud Alkahtani, also participated in the meeting.

                                                                                             The SFD  provided $ 424.7 million to finance 12 projects in Lanka:

Amount (Saudi Riyal)DateName of the ProjectNo.
99.9 Million08/01/1981Colombo Water Supply and Sewerage in Colombo city 
48.12 Million08/01/1981Electric Power Transmission 
85 Million03/01/1983Mahaweli Ganga Downstream Development System “B” Left Bank 
45 Million25/07/2002Health Facilities Development in Colombo city 
40 Million26/08/2004Batticaloa – Tricomalee Road Development 
11 Million26/03/2008Development of Health Facilities in Colombo city (Additional Loan) 
75 Million26/03/2008Epilepsy Hospital and Health Center 
172.5 Million15/09/2010Kalu Ganga Development 
225 Million2012Road Network Development 
225 Million2015Improvement of Peradeniya – Badulla – Chenkaladi Road 
45 Million30/10/2015Epilepsy Hospital and Health Center(Additional Loan) 
168.75 Million24/10/2017  Development of Left Bank of Kalu Ganga 
105 Million2017Development of Wayamba Township 
60 Million2018Development of Kalu Ganga (Additional Loan) 
187.50 Million2019Construction of the Medical Faculty at Sabragamuwa University 
Total amount of these projects: 1592.77 Million Saudi Riyals Equivalent of  424.7 Million US Dollar
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