SFD inks US $100mn loan agreement for water programme in Argentina ...United Arab Emirates

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A new US $100mn loan agreement has been signed by the Saudi Fund for Development (SFD) in support of a potable water development programme in the Córdoba province of Argentina. With this new funding, Argentina has become the 93rd beneficiary of SFD, thus signifying its commitment to sustainable development in Latin America. According to a report, the funds will help develop the Interprovincial Aqueduct Santa Fe – Córdoba Project (Phase 1, Block B-C) in Argentina. The agreement will also boost Argentina’s economy by supporting potable water development in Santa Fe and Córdoba, creating jobs, and advancing socio-economic development. The project will also enable the realisation of the UN SDGs,

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