GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate and Retail

 
  Share
  • His Excellency Mohammed Saif Al Suwaidi: “Our wise leadership is keen to continuously develop UAE-Afghanistan bilateral relations”
  • ADFD's development funding in Afghanistan underpins growth for agriculture, housing, energy, transport, industry and health sectors as well as social services
Abu Dhabi-UAE: 19 August, 2017: Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the Government of Afghanistan, enjoy long-standing ties of cooperation dating back to 1977. Cordial relations between the two sides continue to drive sustainable socio-economic development across key sectors that benefit the citizens of Afghanistan.
Spanning crucial sectors, such as agriculture, housing, energy, transport, industry and health as well as social services, to date, the Fund has allocated AED1.2 billion in Abu Dhabi government grants and concessionary loans to 18 development projects in Afghanistan.
ADFD's country report marking Afghanistan's Independence Day on 19 August stated that the 18 sustainable development projects have prioritised ongoing economic growth and elevated living standards in the country.
On the 98thanniversary of Afghanistan's national holiday, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, extended his sincerest greetings to the Afghan government and people wishing them continued prosperity.
His Excellency Al Suwaidi added: “Our nation's founding father, late Sheikh Zayed bin Sultan Al Nahyan, laid the foundation for the UAE's deep rooted cooperation with Afghanistan. Today, under the leadership of UAE President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, our country remains committed to continuing and further enhancing ties with Afghanistan.”
He added: “Under the strategic guidance and counsel of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of Abu Dhabi Fund for Development's Board of Directors, the Fund is currently a key partner of the Afghan government in advancing and supporting sustainable economic and social development across that country.”
Reaffirming the UAE's efforts in driving development initiatives in Afghanistan, His Excellency Al Suwaidi said: “In cooperation with regional and international institutions, ADFD is proud to spearhead this noble march to extend financial assistance for the greater good of the Afghan people. Over a time span of four decades, the Fund has significantly contributed to Afghan society through investments in sustainable infrastructure projects that benefit all citizens.”
The following is a brief overview of notable projects funded by ADFD in Afghanistan:
Transport Sector
Kabul Infrastructure Expansion and Rehabilitation Works (Phase I & II)
With its sustained focus on infrastructure works in advancing socio-economic development, ADFD contributed about AED136 million to the development of the country's transport sector. Phase I of the Kabul Infrastructure Expansion and Rehabilitation project witnessed the refurbishment of some of the capital, Kabul's major roads and bridges, ensuring ease of movement and travel for commuters and reducing traffic jams. This two-phased project also involved the construction of three major roads totalling 17 kilometres in length and 40-60 metres in width, and the establishment of rainwater drainage systems and pedestrian sidewalks.
Mazar-e Sharif International Airport Rehabilitation Works
To drive growth in Afghanistan's air transport sector, in 2009, ADFD administered an Abu Dhabi government grant worth AED55 million to further develop and rehabilitate the Mazar-e Sharif International Airport. This project included the construction of a new runway – to serve international flights – capable of accommodating large aircrafts, particularly Airbus 300 and Boeing 747 models, the rehabilitation and overhaul of the old runway, as well as building passage ways to link both runways and aircraft parking bays. Moreover, this crucial project led to the construction of a new passenger terminal, restoration of the old terminal and also equipped the air control tower with navigation devices.
Housing Sector
Housing Units in Al Qasaba District in Kabul
In line with the directives of the UAE President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, to contribute to international efforts in supporting the Afghan government's housing development goals, the Abu Dhabi government provided a grant of US$250 million (an estimated AED918 million) to the Government of Afghanistan. Within this framework, ADFD allocated AED708 million in 2010 to the Housing Units in Al Qasaba District in Kabul project. Aimed at increasing the supply of residential units, this crucial project witnessed the construction of 3,330 housing units across 53.8 hectares.
Industry Sector
Baghlan Sugar Factory
ADFD contributed AED17 million to the construction of the Baghlan Sugar Factory. Over the past years, this strategic project has supported the local Afghan economy and revitalised the agriculture sector through increasing the production capacity for exporting sugar. In addition, this initiative also equipped the factory that boasts a 27,000 tonne capacity per year, with necessary hardware and advanced equipment.
Education Sector
Sheikh Zayed University in Khost Province
In line with supporting the Afghan government's goals to improve the education sector, ADFD managed an estimated AED27 million Abu Dhabi government grant to develop the Sheikh Zayed University in Khost Province. This grant helped source and enhance specialised faculties at the university, particularly in the fields of medicine, engineering, law, arts, literature, and in education sciences, among other diverse disciplines. Furthermore, to prepare all students for employment and equip them with knowledge and capabilities to overcome socio-economic challenges, this project also included vocational career support initiatives.
Multi-sector
Cooperation with the Standing Committee for Humanitarian and Development Aid in Afghanistan
As part of its ongoing efforts to support reconstruction initiatives in Afghanistan, and to stimulate economic recovery, the Abu Dhabi government provided approximately AED195 million to the Standing Committee for Humanitarian and Development Assistance in Afghanistan. To manage and optimise the effectiveness of the UAE's contribution, ADFD was tasked with allocating and managing this grant through directing funds and resources to best meet the humanitarian and development needs of the Afghan people.



Posted by : GoDubai Editorial Team
Viewed 6924 times
Posted on : Saturday, August 19, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Abu Dhabi Fund for Development Pledges Financial Contribution to Dar Zayed for Family Care
Next Story : 57% of SGI Dubai 2018 show already sold off
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Time for Some AIGNER Love
Reverse the effects of hair fall with Crescina Re-Growth HFSC Shampoo
RUNWAY DUBAI creates a new buzz campaign for fashion tourism
Achieve whiter teeth at home with Spotlight Teeth White Strips
Noble™ Anti-aging Skin Care Products
Skyline Conducted Women of Substance: A Panel Discussion on Women Empowerment
Golden Bridge Rectangle Diamonds Celebrates The Virtuosity Of Art Deco Design Genius
UAE National Day celebrated in Skyline Carnival 2017
SUC signed MOU with Waldorf Astoria Ras Al Khaimah
SUC conducted Tour Guide Training Program for SCTDA
Calvin Klein Presents Steadfast Collection
Gift gorgeous skin this festive season.
Mido's Multifort Escape - An uncompromising timepiece for exploring new horizons
Mohammed bin Rashid Launches UAE Astronaut Programme
NIVEA MEN and Real Madrid Extend Partnership Globally Covering 70+ Countries
Sthan, bringing you authentic Frontier food from beyond borders, is now open in Dubai
Absolutely Rejuvenated Skin to Start the New Year
Coach Women's Lex Stainless Steel Bracelet Watch Collection
BOSS watches presents Navigator Collection
‘Artistry' - Branded Jewellery show at Malabar Gold & Diamonds' outlet in Meena ...
Celebrate the Festive Season With the Galleria on Al Maryah Island in Abu Dhabi
Together for Egyptian Cinema: A Million happy viewers
Feast your way into the festive season at The Coffee Club
Bovet Presents Brilliant Is Beautiful Gala Benefitting Artists for Peace and Ju...
Glamazle.com names a Lipstick after Yardstick Marketing as a testimonial to the ...
Step into 2018 with skinade & slow down the signs of ageing
Svelte BU4108-11H dress watch in black and rose gold plating makes an impact
Lg V30+ Launches in the Uae and Makes Its Way Into Customers' Pockets and Lives
The First “Dilmah Silver Jubilee Gourmet” in a Middle East Hotel Opens in Pullma...
Hottest Smartphone ever! Go get a true luxury phone from HUAWEI
Over 200 developers across India participate in CREDAI's Indian Property Show
With the Increasing Trend of Grooming Among Men, Kaya Skin Clinic Launches an Ex...
Unilever's Lipton Jebel Ali Tea Factory First in MENA to Achieve Bronze World Cl...
Win 3000 Dollars with Splash
Ghantoot present 17th Emirates Open Polo Championship International
Epson to showcases the future of large laser display technology at InfoComm MEA 2017
SUC Conducted the 10th CEO Lecture Series
Switzerland wins a Good Design Award for the first chronograph-watch in history
Automechanika Riyadh turns focus on exciting growth potential of Saudi automotiv...
DIFF Welcomes Robert Bosch Stiftung to the Festival's 14th Edition
Al Tayer Motors Celebrates 100 Years of Ford Pick-up Trucks
The Verses of Peace Exhibition begins at the Abu Dhabi World Trade Centre
Registration Opens for the Fazza Championships for Falconry 2018
Dubai-based teen star Polina Butorina releases her debut album ‘Ocean of Emotions'
SOUQ launches “Amazon Global Store” bringing over a million global products to t...
Saxo Bank 2018 Outrageous Predictions: 2018 will be a true roller coaster ride c...
Green Hope on Former US Vice President Al Gore's 24 Hours of Climate Reality telecast
The du Youth Council Holds a Volunteering Day at Al Ain Zoo with People of Deter...
Huawei's ultimate gift guide for the 2017 Holiday Season
Indian realty in revival mode, says industry expert