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Abu Dhabi Fund for Development allocates almost $100m for projects in Turkmenistan

News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan. ....

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ADFD allocates AED367mln towards airport development and hybrid power plant projects in Turkmenistan

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ADFD allocates $99.91m for projects in Turkmenistan

Abu Dhabi Fund for Development (ADFD) has signed two agreements worth AED367 million ($99.91 million) with the Government of Turkmenistan.
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Emirates News Agency - ADFD allocates AED367 mn towards airport development, hybrid power plant projects in Turkmenistan

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,. ....

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ADFD signs agreements worth Dhs367 million with Turkmenistan

Abu Dhabi Fund for Development (ADFD) on Thursday signed two agreements worth Dhs367 million with the Government of Turkmenistan. ....

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