Kuwait Fund to step up support to Ethiopia

Kuwait Fund has promised to back ongoing road construction and potable water provision projects in Ethiopia. It has also pledged to support the expansion project at the Addis Ababa Bole International Airport. The Fund has so far provided an aggregate support of $150 million to six projects, its Director General, Abdulwahab Al-Bader stated. The Director assured Prime Minister Hailemariam Dessalegn that Kuwait Fund would step up its support to Ethiopia as the latter has utilized former assistances effectively. PM Hailemariam for his part said Ethiopia highly values its relations with Kuwait, adding, his country would use the support appropriately and for the intended purposes.

(ERTA)