delegation of the Saudi Development Fund (SFD) held talks here on
Monday evening with the Moroccan Minister of Supplies, Bouamar
Tighouane. The talks focused on aspects of cooperation between the
Fund and Morocco. The two sides expressed their readiness to enhance
further the existing cooperation.
During its current visit to
Morocco, the delegation visited here yesterday social housing
projects, which are financed by the Fund. The Fund has signed a loan
agreement worth SR45 million with the Moroccan government.
The Saudi delegation is headed
by Dr. Abdul Aziz Mohammad Al-Turki, the Assistant of the delegated
member to the Fund. The Fund has financed so far 12 developmental
projects with SR918 million in Morocco.