Saudi Fund Announces Delivery of Housing Units in Tunisia
Saudi Arabia has delivered 1,568 housing units in Bakri City, Tunisia, overseen by Saudi Ambassador Abdulaziz bin Ali Al-Saqr and Tunisian Minister Sarra Zaafrani Zenzri. Funded by the Saudi Fund for Development with a total of $150 million, the project aims to provide 4,715 social housing units in multiple regions. The Saudi commitment extends to health infrastructure, including an $85 million contract for a new university hospital in Kairouan.
On a recent occasion, the Saudi Fund for Development facilitated the delivery of 1,568 housing units in Bakri City, located in the Ariana Governorate of northern Tunisia. This significant event was overseen by Abdulaziz bin Ali Al-Saqr, the Saudi Ambassador to Tunisia, along with Sarra Zaafrani Zenzri, the Tunisian Minister for Equipment and Housing. Abdullah bin Ali bin Mohammed Al-Zahrani, the director of North Africa operations for the Saudi fund, also attended this pivotal ceremony. This project marks the initial phase of a more extensive initiative aimed at delivering a total of 4,715 social housing units across various regions of Tunisia, made possible through concessional financing amounting to $150 million from the Saudi Fund for Development. During the ceremony, Minister Zenzri expressed heartfelt thanks and deep appreciation for Saudi Arabia’s steadfast support towards Tunisia’s development. Ambassador Al-Saqr congratulated the families who will benefit from these housing units, emphasizing the project’s goal of ensuring adequate accommodation for Tunisian citizens. He reaffirmed the Saudi Fund’s dedication to the successful realization of all its development commitments within Tunisia. In addition to housing, the Saudi fund has recently secured an $85 million contract to construct and equip the King Salman bin Abdulaziz University Hospital in Kairouan, Tunisia. This project is designed to enhance healthcare infrastructure in the region, thereby providing vital medical services closer to residents and contributing to the reduction of healthcare access disparities. To date, the Saudi Fund for Development has facilitated funding for 32 development projects and programs in Tunisia, with soft loans totaling over $1.23 billion, alongside grants exceeding $105 million to support various development sectors in the country.
The Saudi Fund for Development, established to assist in fostering economic growth and sustainable development primarily in developing countries, has been actively involved in various initiatives aimed at providing social infrastructure. This particular project in Tunisia reflects the Kingdom’s ongoing efforts to support housing and healthcare initiatives as part of its broader foreign policy framework. The provision of housing units and healthcare facilities indicates a commitment to alleviating regional disparities and promoting social welfare among citizens. Through such initiatives, Saudi Arabia seeks to strengthen bilateral relations and offer tangible support in development efforts.
In summary, the delivery of 1,568 housing units in Tunisia, funded by the Saudi Fund for Development, underscores the Kingdom’s ongoing commitment to supporting social development projects abroad. This initiative not only enhances housing availability for Tunisian citizens but also complements broader efforts in improving healthcare infrastructure through projects like the King Salman bin Abdulaziz University Hospital. Such contributions are vital for promoting social equity and economic activity in the region, solidifying Saudi Arabia’s role as a key partner in Tunisia’s development journey.
Original Source: www.arabnews.com
