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Kuwait Fund For Arab Economic Development (Kuwait City)

Kuwait Fund Subsidizes a Rice Production Project in Chad

A Loan Agreement was signed on 08/06/15 in N'Djamena between the Republic of Chad and the Kuwait Fund for Arab Economic Development, whereby the Fund will provide a Loan in the Amount of 4.0 Million Kuwaiti Dinars (equivalent to about US$13.6 Million), to the Republic of Chad, to participate in the financing of the Rice Production Development Project in the Plain of Chari-Logone.

Kuwait Fund

The Loan Agreement was signed on behalf of the Government of the Republic of Chad, by Her Excellency Mariam Mohammed Noor, Minister of Planning and International Cooperation, and Mr. Hamad S. Al-Omar, Deputy Director-General of the Fund.

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