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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2731

Saudi Fund For a Medical Faculty in the Sabaragamuwa University

Colombo, 19 September, (Asiantribue.com):

A total of 187.5 Million Saudi Riyal (USD 50 M) from Saudi Fund (SFD) for a Medical Faculty in the Sabaragamuwa University.

Saudi Fund for Development SFD has agreed to provide a concessional loan amounting to Saudi Riyal 187.5 Million (approximately USD 50 million) to establish a Medical Faculty in the University of Sabaragamuwa. The balance USD 20.46 million will be borne by the GOSL.

Accordingly, the Loan Agreement was signed today, 18th September at the Ministry of Finance by Dr. R.H.S. Samaratunge, Secretary to the Ministry of Finance on behalf of Sri Lanka and Dr. Khaled Sulaiman Alkhudairy, Vice Chairman & Managing Director on behalf of the Saudi Fund for Development.

The Government has already approved the establishment of the Faculty of Medicine at Sabaragamuwa University and has allocated necessary funding through the budgetary allocations of the year 2017. Further, first batch of students for the Medical Faculty has been enrolled.

In line with the Government Policy Framework “Vision 2025”, the Government views the provision and improvement of social goods such as education, skill development.

- Asian Tribune -

Saudi Fund For a Medical Faculty in the Sabaragamuwa University
Saudi Fund For a Medical Faculty in the Sabaragamuwa University
Saudi Fund For a Medical Faculty in the Sabaragamuwa University
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