AbuDhabiPR.com, Online Press Release from Abu Dhabi and Al Ain

Local News and Government

Filter PR by
  
ADFD signs AED92 million loan agreement to enhance water security in Rwanda

Abu Dhabi, December 11, 2024 - Abu Dhabi Fund for Development (ADFD) has signed a loan agreement worth AED92 million (approximately US$25 million) with the Government of Rwanda to finance the expansion of water transmission and distribution systems at the Karenge Water Treatment Plant.

The strategic project to strengthen Rwanda's water security highlights ADFD's commitment to supporting global development projects, especially those aligned with the Sustainable Development Goals 2030, including SDG 6, which focuses on ensuring access to clean and sustainable water. By addressing a critical need, the project will support Rwanda's national objectives, underscoring the UAE's leadership in promoting sustainable infrastructure development worldwide.

The agreement was signed by His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development; and His Excellency John Mirenge, Ambassador of Rwanda to the UAE. The signing ceremony was attended by senior officials from both sides.

H.E. Al Suwaidi said: 'This agreement reflects ADFD's commitment to financing infrastructure projects that promote economic and social progress in beneficiary countries. It also underscores our commitment to strengthening and advancing our strategic partnership with the Republic of Rwanda, contributing to the development of key sectors vital to the country's growth.'

He mentioned that the project, which involves the expansion of water transmission and distribution systems at the Karenge Water Treatment Plant, represents an important step toward providing clean and sustainable water supplies to key areas in Rwanda. This initiative will help overcome challenges by improving the efficiency of the water system and incorporating advanced technologies to strengthen water security in the country.

H.E. John Mirenge said: 'We are proud of this cooperation with Abu Dhabi Fund for Development, which highlights the UAE's steadfast efforts to promote sustainable development globally. The expansion of the water transmission and distribution systems at the Karenge Water Treatment Plant is a critical initiative to achieve our national objectives of providing clean water to our population and developing robust and sustainable water infrastructure to meet the needs of communities.'

He added that this project would elevate the standard of living for Rwandan citizens by creating jobs and enhancing water distribution networks to meet growing demand. 'This milestone aligns with our broader development plans and national objectives of achieving universal access to clean water,' he noted.

This water project is part of a comprehensive program aimed at ensuring self-sufficiency in water supply for Kigali, Rwanda's capital. The initiative includes the construction of a water treatment plant with a daily capacity of 36,000 cubic meters, alongside expanding transmission and distribution systems to key areas of the city.


 
Posted by : AbuDhabiPR.com Editorial Team
Viewed 27285 times
PR Category : Local News and Government
Posted on :Wednesday, December 11, 2024  1:34:00 PM UAE local time (GMT+4)
Previous Story : Nestlé launches 'Sustainability Heroes' initiative, in partn...
Next Story : Miral Announces Funoon Bil Arabi at Mamsha Al Saadiyat in Ce...

 
Most Viewed Press Release posted in the last 7 days
Celebrate Eid with a Summer Glow: Catrice Launches Luxe Highlights for the Season [40793-Views]
essence Is Springing Into Season with the Glowiest Drop: Hydra Kiss LIP OIL [36006-Views]
CASIO Unveils the G-SHOCK GA-2100BM: A Stylish and Durable Summer Essential [33644-Views]
Get Ready to Glow: Catrice Drops the Hottest Spring/Summer 2025 Collection for a Fresh, Bold New Loo... [31911-Views]
SHEGLAM's Got Your Summer Look on Lock [30964-Views]
Cartier Launches En Équilibre High Jewellery Collection In Stockholm [29699-Views]
Unlock Radiant Skin with Our Skin-Balancing Nourishing Essence! [28649-Views]
Middle East – AGM Highlights [27842-Views]
essence launches Fondation Stick: A New Take on Makeup, Friendship, and Sharing Moments Together [27704-Views]
G-SHOCK Launches GA-V01 in the UAE - A Bold New Era for Watch Design [27651-Views]
Luis Gallego Chairs IATA Board [27530-Views]
Airline Profitability to Strengthen Slightly in 2025 Despite Headwinds [26876-Views]
Follow the Yellow Brick Road to Fierce New Glam with SHEGLAM [26345-Views]
Riyadh Air places firm order for 25 Airbus A350-1000 aircraft [26115-Views]
EGYPTAIR discloses order for an additional six Airbus A350 aircraft [25838-Views]
WTM London 2025 Conference Programme: One Vision, Six Tracks — Call for Content Now Live [24836-Views]
Dine, Scan & Win a Dream Maldives Escape with Mercato and Town Centre Jumeirah! [24792-Views]
Two Lucky Shoppers Strike It Big with PrivilegePLUS! [24658-Views]
Bigger Thrills and Better Rewards Await You This Dubai Summer Surprises at Mercato & Town Centre Jum... [22735-Views]
Air Cargo Demand up 5.8% in April [22250-Views]
 
RSS Facebook Twitter LinkedDin AbuDhabiPR.com on Instagram
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories