Saudi Fund for Development signs agreement to finance a health project in Cameroon

Saudi Fund for Development signs agreement to finance a health project in Cameroon

RIYADH: The Saudi Fund for Development signed an agreement with the Cameroonian government to finance the construction of the Mbalmayo Regional Hospital Project, by providing a $12 million soft development loan. The agreement was signed by SFD CEO Sultan Al-Marshad, and the Cameroonian Minister of Economy, Planning, and Regional Development, Alamine Ousmane Mey. The agreement will help to build and equip the hospital with 200 beds and develop specialized medical departments, centers, and buildings spanning a total area of 14,000 square meters. The project will also include an area for operational services covering up to 8,500 square meters. The development plan also comprises rehabilitating the roads that connect the hospital to the main roads to ensure easy access. The project is expected to serve thousands of people from the Cameroonian capital as well as neighboring cities and villages, providing access to quality health care services. It will help tackle chronic disease and reduce mortality rates. The hospital will also alleviate overcrowding in Yaounde and Douala hospitals. The signing ceremony was attended by Dr. Manaouda Malachie, Cameroonian minister of public health, Abdulrahman Alzebn, Chargé d’Affaires at the Embassy of the Kingdom of Saudi Arabia to the Republic of Cameroon, and several