•  
  •  
  •  

€26 million loan agreement approved by Parliament

Posted in: Business & Economy
Written By: Observer Staff
Article Date: Nov 22, 2008 - 2:21:21 AM
Digg this story!    Leave Your Comments!       Printer Friendly Page
Rating: 2.4/5 (5 votes cast)
Parliament approved Monday a French loan agreement for funding the SCADA system- a power-grid control project signed by the Yemeni government and the French development agency worth € 26 million. 

Parliament recommended using the loan only for the implementation of the project, and in order to ensure the project was up to international standards.

It also insisted on the importance of choosing a qualified consultation company to supervise the project to ensure it is completed on time, and to present periodical reports to parliament about the progress of the project.

Related Content

•  CBY pumps overall amount of $ 471 into market, dollar continues climbing
•  Private sector in Yemen should express gratitude with corporate social responsibility programs
•  World Customs Organization held its annual meeting
•  Yemen receives $ 1 billion in remittance annually
•  Yemeni-Saudi trade relations to be reviewed
•  The 8th meeting of the Yemeni-Saudi joint committee held
•  Yemen's SFD continues to combat poverty and support education
•  Yemen's business environment improving, attracting more investments
•  Central Bank of Yemen sells $38 million to balance supply and demand of hard currency
•  National conference on construction sector to be held in Yemen
  •  
  •  

COMMENTS


Name
E-mail (Will not appear online)
Homepage
Title
Comment
;-) :-) :-D :-( :-o >-( B-) :oops: :-[] :-P
Are you human? If yes, please enter the text you see in the image below to be able to post your comments. The text is not case-sensitive.
Powered by Comment Script
Copyright © 1998 - 2007 Yemen Observer. All rights reserved.
Design by: Mtiaz Studios LLC