Tajikistan Secures $30 Million Loan from Saudi Fund for Road Project

Photo: e-cis.info

Tajikistan Secures $30 Million Loan from Saudi Fund for Road Project

Tajikistan has secured a $30 million loan from the Saudi Fund for Development (SFD) to finance the Kulob Ring Road Project.

The loan agreement was signed by Tajikistan's Minister of Finance, Faiziddin Qahhorzoda, and Sultan bin Abdulrahman Al Marshad, CEO of the Saudi Fund for Development (SFD), The Caspian Post reports, citing Tajik media.

The project is of international importance and will connect the capital of the country and other cities and districts of the republic with the countries of the region.

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Tajikistan has secured a $30 million loan from the Saudi Fund for Development (SFD) to finance the Kulob Ring Road Project.