France grants Yemen € 37.5 mln for rural electricity project
The Source: sana'a/ hadhramaut.info/sabanews.net - 09/06/2010
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France granted on Wednesday Yemen € 37.5 million to finance rural electricity project implemented with a joint finance by Yemen and a number of donors.
The grant's agreement stipulates that the French Agency for Development (AFD) is to provide the foresaid amount to contribute to finance an electricity distribution network, strengthen the electricity generating capacity in rural regions as well as supporting capacity building.
After signing the agreement by Minister of Planning and International Cooperation Abdul-Karim al-Arhabi and the AFD Country Director Christian Flamand, al-Arhabi hailed the AFD contribution in propping up the development process in Yemen.He also noted that the rural electricity project would enhance the government's efforts aiming to promote the development in rural communities and to alleviate poverty.
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