http://www.english.hadhramaut.info Planning ministry signs two agreements worth $17 mln [The Source: www.sabanews.net - 13/1/2009] Two agreements worth $17 milion were signed here on Monday by the Ministry of Planning and International Cooperation with the government of South Korea and French Agency for Development in the field of higher education and animal wealth development fields .
The first agreement approved that South Korea will grant Yemen a soft loan of $15,300,00 devoted to set up and supply the Yemen-South Korean Technical Institute for Vocational Training.
It was signed by Minister of Planning and International Cooperation Abdul Karim al-Arhabi and South Korean ambassador to Yemen Won -ho Kwan.
It is worth mentioning that South Korea allocated $100 millions to contribute in Yemen's development efforts during 2008-2011 in which the funds devoted to are set up infrastructural projects in higher education and health fields .
On the other hand, the second agreement of expanding the Animal Wealth Development Project in Taiz province and allocating $2.4 million offered by the French Agency for Development (AFD) and devoted for interpolating the project. It was signed by Minister of Planning al-Arhabi and the Regional Director of AFD in Sana'a .