June 5

Saudi Arabia Agrees to Give Belize $45 Million Loan to Support Healthcare Infrastructure

Ahmed Al Khateeb, minister of tourism and chairman of the board of directors of the Saudi Fund for Development (SFD), signed a development loan agreement worth $45 million with the Prime Minister of Belize, John Briceno, for the construction of a tertiary hospital in the Belmopan Area Project.

The signing ceremony was attended by Minister of Tourism and Diaspora Relations of Belize Anthony Mahler; Minister of Health and Wellness of Belize Kevin Bernard; Minister of State in the Ministry of Finance, Economic Development, and Investment of Belize Christopher Coye; Ambassador of Investment in Belize Haisam Diab; Deputy Chief of Mission at the Saudi Embassy in Mexico Sultan Al-Muzaini; CEO of the Office of the Prime Minister of Belize Narda Garcia, and officials from both sides.

Photo courtesy of Hush Naidoo.

Source: Zawya (link opens in a new window)

Health Care
development finance, infrastructure, lending