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ElaKiri.com
News and Updates
$33m funding from Kuwait Fund for Arabic Economic Development for SL university
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<blockquote data-quote="Srilankan1" data-source="post: 27037222" data-attributes="member: 100154"><p><span style="font-size: 22px">Cabinet approval has been granted for the construction of a medical faculty at the University of Moratuwa using funds from Kuwait. </span></p><p><span style="font-size: 22px"></span></p><p><span style="font-size: 22px"><img src="http://www.newswire.lk/wp-content/uploads/2021/10/SL-Kuwait.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></span></p><p><span style="font-size: 22px"></span></p><p><span style="font-size: 22px">The Government said Cabinet approval had previously been granted for the construction of the medical faculty.</span></p><p><span style="font-size: 22px"></span></p><p><span style="font-size: 22px">The Kuwait Fund for Arabic Economic Development has now agreed to finance the project. </span></p><p><span style="font-size: 22px"></span></p><p><span style="font-size: 22px">Thereby, the Cabinet has granted approval to the proposal presented by the Minister of Finance to enter into a relevant agreement with the Kuwait Fund for Arabic Economic Development.</span></p><p><span style="font-size: 22px"></span></p><p><span style="font-size: 22px">The agreement will see Sri Lanka obtaining Kuwait Dinar 10 million (approximately USD 33.2 million) for the proposed project.</span><strong><span style="font-size: 22px"> (NewsWire)</span></strong></p></blockquote><p></p>
[QUOTE="Srilankan1, post: 27037222, member: 100154"] [SIZE=6]Cabinet approval has been granted for the construction of a medical faculty at the University of Moratuwa using funds from Kuwait. [IMG]http://www.newswire.lk/wp-content/uploads/2021/10/SL-Kuwait.jpg[/IMG] The Government said Cabinet approval had previously been granted for the construction of the medical faculty. The Kuwait Fund for Arabic Economic Development has now agreed to finance the project. Thereby, the Cabinet has granted approval to the proposal presented by the Minister of Finance to enter into a relevant agreement with the Kuwait Fund for Arabic Economic Development. The agreement will see Sri Lanka obtaining Kuwait Dinar 10 million (approximately USD 33.2 million) for the proposed project.[/SIZE][B][SIZE=6] (NewsWire)[/SIZE][/B] [/QUOTE]
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