The Saudi Arabian Energy Transmission network funded by Saudi was inaugurated on Saturday in Seychelles at the Anse Royale substation. The inauguration was joined by the President of Seychelles Wavel Ramkalawan and the CEO Of Saudi Fund for Development, Sultan Abdulrahman Al-Marshad.
As part of the Saudi Fund for Development (SFD) $25 million loan, the aim of the project is to provide the Country with a stable source of power throughout the south of the island providing better energy quality, boosting the country’s social infrastructure activities such as education and health, and stimulate economic and trade development.
The CEO of the Saudi Fund for Development said that this venture will contribute to the enhancement of the lives of the locals in the south of Mahe as well as contribute towards the accomplishment of the Joined Together National Improvement objectives (SDGs). The SDG7 calls for all-inclusive access to accessible, sustainable, and modern energy.
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