QFFD signs Guinea pact to fund projects in rural areas
April 24 2019 12:34 AM
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QFFD
QFFD and Guinea Conakry officials during a meeting.

Qatar Fund for Development (QFFD) signed an agreement with the Ministry of Agriculture and Livestock and the Ministry of Energy and Hydraulics of the Republic of Guinea-Conakry to finance several development projects in the rural areas of the country at an estimated total cost of $20mn.
The agreement includes road infrastructure rehabilitation projects, construction of bridges, reservoirs and digging wells.
The project aims to benefit rural communities by rehabilitating several road sections with a total of 866km of roads in 17 provinces. In addition, a total of three bridges of 395m have already been constructed under this project, providing better accessibility to the local communities. 
This project will facilitate mobility of the population, promote economic growth and create new jobs. It will also contribute to improving the mobility of goods in better conditions. In addition, the project includes the digging of 5,000 water wells and the installation of solar water pumps and water tanks in seven rural provinces. This project will ensure a decent standard of living for the population in those areas.
These projects are part of the QFFD’s interest in long-term development projects. They will enhance security; ensure stability and a decent standard of living for the current and future generations.



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