The Saudi Fund for Development has delivered 1,568 housing units in Tunisia, as part of a larger project to construct 4,715 social housing units. This initiative, reflecting Saudi Arabia’s commitment to aiding Tunisia’s development, also includes healthcare enhancements with an $85 million investment in a university hospital. Overall, the Saudi Fund has contributed over $1.23 billion to Tunisian development initiatives.
In a significant development aimed at enhancing housing accessibility, the Saudi Fund for Development has successfully delivered 1,568 housing units in Bakri city, Ariana Governorate, Tunisia. This milestone was celebrated in a ceremony attended by Saudi Arabia’s Ambassador to Tunisia, Abdulaziz bin Ali Al-Saqr, and the Tunisian Minister for Equipment and Housing, Sarra Zaafrani Zenzri. The initiative represents a portion of a broader project that will provide a total of 4,715 social housing units across various Tunisian governorates, financed through a total allocation of $150 million from the Saudi Fund for Development. The Director of North Africa Operations for the Saudi Fund, Abdullah bin Ali bin Mohammed Al-Zahrani, was also present during the event, reaffirming the Kingdom’s commitment to supporting development projects in Tunisia. The housing project, intended to facilitate adequate living conditions for Tunisian families, follows an $85 million agreement to develop the King Salman bin Abdulaziz University Hospital in Kairouan, which aims to improve regional healthcare services. To date, the Saudi Fund has financed 32 development projects in Tunisia, contributing over $1.23 billion in soft loans and additional grants totaling over $105 million to various sectors in the nation.
In recent years, Saudi Arabia has intensified its developmental partnerships with Tunisia, providing financial support for infrastructure and social projects. This delivery of housing units is part of a concerted effort to alleviate housing shortages and improve living standards in Tunisia. The engagement also encompasses healthcare improvements through investments in medical facilities, thus underscoring a comprehensive approach to development. The Saudi Fund for Development plays a pivotal role in enabling these initiatives, reflecting Saudi Arabia’s Foreign Policy that emphasizes economic cooperation and partnership in the region.
The successful delivery of 1,568 housing units in Tunisia underscores Saudi Arabia’s commitment to supporting the country’s development. With additional projects aimed at improving healthcare and infrastructure, the Kingdom continues to play an essential role in bolstering Tunisia’s socioeconomic landscape. Such efforts are beneficial not only for the immediate population but also serve to strengthen bilateral ties between Saudi Arabia and Tunisia in the long term.
Original Source: www.arabnews.com
