The Kuwait Fund for Arab Economic Development (KFAED) signed a deal with Lebanon, worth $37 million, for the execution of a water desalination project in the western Beqaa region on Wednesday. The project is part of a $300 million donation made by Kuwait in 2006, and will provide drinking water to some 50 villages affected with a shortage in the Beqaa region, KFAED's Director General Abdulwahab Al-Bader told the official KUNA news agency after signing the project. “Contributions made by Kuwait, under the directions of the Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, have aided social and economic development in Lebanon and reflect the sense of devotion Kuwaitis have for the Lebanese people,” Al-Bader said. The fund, which administers Kuwaiti initiatives, yesterday, signed a loan worth $72 million for an irrigation projection fed by the waters of Lebanon's Litani River. Kuwait, since 1966, has provided Lebanon with 17 loans worth a total $500 million, which include the execution of projects in the health, agricultural, transport and infrastructure sectors in the country, along with the $300 million donation agreed in 2006. BM ShortURL: http://goo.gl/3L5gd Tags: Bekaa, Donation, Water Section: Going Green, Kuwait, Latest News, Lebanon
