Saudi Arabia signs $6.66bln of agreements to execute infrastructure projects

Reuters Images

The National Debt Management Center arranged those financings in accordance with the ministry aim towards enabling and supporting strategic infrastructure projects in line with the Kingdom's Vision 2030

Saudi Gazette

September 15, 2022

PHOTO

JEDDAH — The Ministry of Finance signed a number of financing agreements with several local banks amounting to SR25 billion to execute various infrastructure projects scheduled to start in 2023 and 2024 to expedite the implementation of these projects.

The National Debt Management Center arranged those financings in accordance with the ministry aim towards enabling and supporting strategic infrastructure projects in line with the Kingdom's Vision 2030.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.