The Fund’s Board of Directors held its 1st Session for the year 2006 on Tuesday, 7th March, 2006. The Board considered at its session the Minutes of it’s 3rd Session for the year 2005 held on 23rd October, 2005 and ratified on 16th November, 2005. The Board also approved at its Session the following:
Minutes of the 1st Session for the Year 2006 for the Investment Committee of the Board held on 22nd January, 2006.
Minutes of the 1st Session for the Year 2006 of the Loan Committee of the Board held on 20th February, 2006 including the Committee's recommendation for approval, in principle, to participate in the following projects:
Republic of Yemen
(i) 3rd Phase of the Social Development Fund Program (ii) Sukatra Island Harbour
Republic of Sudan
Republic of Tunisia
Rural Feeder Roads
Arab Republic of Egypt
El Atf Power Station
Kingdom of Morocco
Faza - Oujda Highway
Republic of Mauritania
The Atar - Tajajkh Road
Republic of Chad
Mangalme – Oum Hadjer Road
Republic of Guinea
Labe – Senegal Border Road
Republic of Senegal
Madina Gounass – Guinea Border Road
Republic of Rwanda
Gitarama – Ngororer - Mokamira Road
Republic of Tajikistan
Second Phase of Danjar Valley Irrigation
Republic of Honduras
Tegucigalpa – Katatamata Road
A Loan in the amount of Kuwaiti Dinars 4.3 million for financing the Liberation Avenue Project In Kinshasa in the Democratic Republic of Congo.
A Loan in the amount of Kuwaiti Dinars 6 million for financing the two Higher Institutes for Technological Studies in Tunis, Republic of Tunisia.
A Loan in the amount of Kuwaiti Dinars 4.2 million for financing the Kurdamir – Ujar Road Project in the Republic of Azerbaijan
A Loan in the amount of Kuwaiti Dinars 10 million for financing the Roads Rehabilitation Project in Dakar in the Republic of Senegal.
A Loan in the amount of Kuwaiti Dinars 3.5 million for the Dak – Lak Province Irrigation Project in the Republic of Vietnam.
A Loan in the amount of Kuwaiti Dinars 30 million for financing the Expansion of West Cairo Power Station in the Arab Republic of Egypt.
A Loan in the amount of Kuwaiti Dinars 15 million for financing the Marakish – Agadir Highway Project in the Kingdom of Morocco.
A Loan or Loans in the amount of Kuwaiti Dinars 12 million for the Rehabilitation of the Tsunami affected area in the Republic of Indonesia.
A Supplementary Loan in the amount of Kuwaiti Dinars 5 million for financing the Matn Jerd Aaley Water Supply Project and amending the Loan Agreement No. 620 dated 9.6.2001 in the Republic of Lebanon.
A Grant of US$ 500,000 for the Supplementary Financing of the Final Stage of Guinea Worm.