Saudi Arabia Boosts Kosovo’s Infrastructure with $14 Million Loan

Saudi Arabia is strengthening its development partnerships by extending financial support to Kosovo. The Saudi Fund for Development (SFD) has signed a $14 million loan agreement with Kosovo’s Minister of Finance, Labor and Transfers, Hekuran Murati.

Infrastructure Development

The loan will be utilized to fund the critical Pristina-Mitrovica Highway Project. This infrastructure upgrade aims to enhance road safety, improve traffic flow for approximately 27,000 daily commuters, and stimulate economic growth in the region. The project is expected to create job opportunities and contribute to overall social development in Kosovo.

This collaboration between Saudi Arabia and Kosovo exemplifies the SFD’s commitment to supporting development initiatives in various countries. By investing in vital infrastructure projects, the SFD is helping to build stronger and more resilient communities.

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