Kfaed’s Water Project In Vietnam Serves 3m People

17 January 2020 Business

Van Dinh Water Logging Control project executed by Kuwait Fund for Arab Economic Development (KFAED) serves about three million people in Vietnam’s capital Hanoi, said project deputy manager “Doug Tring”. The project, launched in 1987, protects farming lands against natural disasters and provides clean drinking water to the residents, Tring told KUNA in a statement on Thursday, during a visit by outstanding Kuwaiti students to the project site, organized by KFAED in cooperation with the Ministry of Education.

The project worth KD four million (about $13 million) contributes to the production of about five million cubic meters of gallons per day, covering 28,000 hectares of land in Hanoi, he noted. He thanked Kuwait and KFAED for the efforts to develop life in Vietnam and improve the country’s economy.

Meanwhile, the students said they were proud of Kuwait’s efforts to aid other countries in need and the fund’s prominent role in executing development projects around the world.

KFAED is funding several agricultural, health and electricity development ventures in Vietnam. The fund provided about 15 loans worth KD 54 million (about $178 million) for the country.

 

SOURCE : ARABTIMES

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