UAE to support dam project in Burkina Faso
November 10th, 2009 - 12:22 am ICT by IANS
- Abu Dhabi, Nov 9 (IANS) The United Arab Emirates (UAE) will give about $9 million loan for a dam project in Burkina Faso in West Africa, WAM news agency reported Monday.
Mohammed Saif Al Suwaidi, director general of Abu Dhabi Fund for Development (ADFD), and Omar Diawara, Burkina Faso’s envoy to Saudi Arabia, have signed an agreement in this regard.
Al Suwaidi said the government is committed to support developing countries for sustainable development.
“We seek through this agreement to contribute to the strategic project to improve the standard of living of local people in Burkina Faso as well as achieving food security through the expansion of cultivated lands to increase agricultural production in that country,” he said.
Diawara hailed the support provided by the ADFD.
“We are pleased by signing this agreement with the Fund. This initiative will enable us to help local people in boosting the agricultural sector and to achieve economic stability,” he said.
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- Business
- abu dhabi
- adfd
- agricultural production
- agricultural sector
- al suwaidi
- burkina faso
- dam project
- developing countries
- diawara
- director general
- economic stability
- food security
- mohammed
- saif
- saudi arabia
- strategic project
- sustainable development
- united arab emirates
- wam news agency
- west africa
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