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ABU DHABI, 10th June, 2021 (WAM) Abu Dhabi Fund for Development (ADFD) today signed two agreements worth AED367 million with the Government of Turkmenistan. The first agreement includes the allocation of AED275 million (US$75 million) towards the construction of an airport in Jebel in Balkan Region, whereas the second agreement aims to finance the development of a 10 megawatts hybrid power plant at a cost of AED92 million (US$25 million).
The two agreements were signed by Mohammed Saif Al Suwaidi, Director General of ADFD,.