CASTRIES, St. Lucia, CMC – The Saudi Fund for Growth (SFD) and the Authorities of St. Lucia lately signed contracts with two joint ventures involving two St Lucian corporations in partnership with two Saudi Arabian development and consulting corporations to finish the reconstruction of St. Jude Hospital in Augier, Vieux-Fort.
The signing is a crucial step ahead for transferring well being providers from the retrofitted George Odlum Nationwide Stadium to St. Jude Hospital, which was broken in a hearth in 2009.
The reconstruction of St. Jude Hospital, funded by the SFD with a concessional mortgage of EC$75 million, will embrace 100 beds, maternity wards, emergency rooms, and surgical suites. The hospital will serve hundreds of sufferers yearly and improve healthcare high quality for the individuals of Saint Lucia, guarantee sustainable service supply, and enhance entry to superior medical care.
Sultan Al-Marshad, CEO of the Saudi Fund for Growth (SFD), and St. Lucia’s Prime Minister, Philip Joseph Pierre, witnessed the signing.
“I want to prolong my heartfelt gratitude to the federal government and other people of the Kingdom of Saudi Arabia, the Saudi Growth Fund, and everybody who has performed a job in bringing us right here right now,” stated Pierre.
In his remarks, Al-Marshad emphasised that the hospital’s reconstruction would empower native communities, strengthen the healthcare sector’s potential to satisfy the wants of the individuals of St. Lucia, and promote financial and social development.
The mission is a testomony to the SFD’s unwavering dedication to supporting sustainable socio-economic growth in creating nations and Small Island Growing States (SIDS), whereas contributing to the achievement of the Sustainable Growth Targets (SDG.) This dedication ought to reassure the individuals of St. Lucia and the worldwide neighborhood of the mission’s success and constructive impression.
With the signing of this mortgage settlement, the Authorities of St. Lucia has reached a big milestone in direction of fulfilling its promise to finish St. Jude Hospital, which was destroyed by hearth fifteen years in the past.
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