ADFD’s strategic projects stimulates the Mauritian economy

ADFD’s strategic projects stimulates the Mauritian economy

ABU DHABI, May 23, 2022 Khalifa Al Qabisi, Deputy Director-General of ADFD, hosted Mauritius’ Ambassador Shaukat Ali Soudhan at the Fund’s headquarters in Abu Dhabi, where the parties discussed expanding cooperation to help Mauritius’ key sectors.

The meeting, according to Al Qabisi, was part of a regular series of interactions to discuss cooperation on common interests and priorities. “The visit was also an important opportunity to follow up on infrastructure projects financed by ADFD in Mauritius,” he said, noting that such strategic projects have stimulated the Mauritian economy.

He expressed the hope that more opportunities for development and investment in the country would arise in the future, which would help to strengthen the economy of his country and serve mutual interests.

Thanking ADFD for supporting Mauritius’s development agenda, Soudhan said that the projects funded by the institution encompassed various sectors and that they greatly improved the quality of life in the country.

The officials also followed up on the ophthalmic hospital that has been set up in the country with an ADFD funding of AED77 million. The 120-bed facility helped tackle a growing number of patients. It has been provided with cutting-edge equipment and advanced technology that conform to international medical specifications.

One of the strategic priorities for the Mauritian government, the project included – but it was not limited to – provision of advanced medical equipment.

As part of ADFD’s commitment to enable developing countries to achieve sustainable development goals, it has funded numerous strategic projects in developing countries since 1982. As for Mauritius, ADFD provided financing of AED18 million to set up the he Mare aux Vacoas Water Plant, the largest source of potable water especially for Kurbib region of Mauritius.

Abu Dhabi Fund also signed an AED36.7 million loan agreement in 2019 for a solar photovoltaic project that supplies electricity to 10,000 homes.

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