

Board Meetings
Internal Bulletin 3 - 16/07/2014
The Fund's Board of Directors held its 3rd Session for the year 2014 on Tuesday July 15, 2014. The Board perused in its session the Minutes of the 2ndSession of the Board for the year 2014, held on Monday May 19, 2014 and authenticated on Sunday June 08, 2014. The Board also considered the Minutes of Meeting of the 2nd Session of the Board's Loan Committee for the year 2014 held on July 09, 2014 and approved the Committee's recommendation to consider, in principle, financing the following projects:
Republic of Sudan | Water Harvesting Projects in Rural Areas |
Republic of Djibouti | Djibouti Economic Development Fund Operations Program for 2014/2018 |
Republic of Chad | Rice Agriculture in Shari Area Lagoon Project |
Republic of Sierra Leone | Improving Toki - Lumley Road Project |
Republic of Niger | Filingue - Tahoua Road Project |
Democratic Republic of Sao Tome and Principe * | Building and Equipping of Hospital Project |
Republic of Liberia | Gbarnga - St. Paul Road Project |
Republic of Senegal | (1) Touba-Dahra-Linguere Project (2nd Loan) |
(2) Ndioum - Ourossogui-Bakel Road Project | |
Republic of Rwanda | Basi - Biomba - Niagatara Road Project |
Republic of Zimbabwe | Construction of 2 Hydroelectric Power Generation Stations in Osborne and Tashinga Provinces Project |
Republic of the Maldives | Shore Protection in Fuvahmulah Island Project |
Lao People's Democratic Republic | Nabong-Khoksa Irrigation Project |
Belize | Rehabilitation of Hummingbird Road (Belmopan - Dangriga) Project |
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* The approval, in principle, including approval for commencing Kuwait Fund operation in the country
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The Board in its Session also approved the following:
A Loan in the amount of 15 million Kuwaiti Dinars for financing the Public Works (Phase IV) Project in the Republic of Yemen.
A 2nd Loan in the amount of 3 million Kuwaiti Dinars for financing the Shore Protection in the East Coast of Cotonou Project in the Republic of Benin.
A Loan in the amount of 6.5 million Kuwaiti Dinars for Equipping Clinics of Medical Higher Schools and Republican Clinical Hospitals with Modern Medical Equipment Project in the Republic of Uzbekistan.
A Loan in the amount of 8.5 million Kuwaiti Dinars for financing the Construction and Equipping of Chinandega Departmental Hospital in the Republic of Nicaragua.
A Grant in the amount of 1,000,000 Kuwaiti Dinars for ICARDA (International Center for Agricultural Research in the Dry Areas) for supporting the strategy of the Center and enhancing the Food Security Program in the Arab Countries (2nd Phase).
A Technical Assistance in the amount of 250,000/- Kuwaiti Dinars for financing the Technical and Economic Feasibility Study of the Northern Cornish Road (Hamid Ali - Sunoponia) in Conakry, the capital of Republic of Guinea.
A Technical Assistance in the amount of 300,000/- Kuwaiti Dinars for financing the Technical and Economic Feasibility Study, Detailed Design and Tender Documents for the Construction of 2 General Hospitals in Harare city in the Republic of Zimbabwe.
The Fund contribution for the 17th Replenishment of the International Development Association (IDA) on behalf of the Government of the State of Kuwait.