Wednesday 1 January 2020

Saudi Development and Reconstruction Program for Yemen team receives warm welcome

Source: SDRPY. A meeting between Yemen PM Dr Maeen Saeed and the SDPRY delegation.
Source: PRNewsFoto/SDRPY. One of the meetings held by the SDPRY delegation with Yemeni officials.

HE the PM of Yemen, Dr Maeen Abdulmalik Saeed, has welcomed the Saudi Development and Reconstruction Program for Yemen (SDRPY) delegation headed by Projects and Studies Director Engineer Hasan M. Alattas at the temporary Yemeni capital, Aden.

Participants discussed ways to implement development projects in line with the Riyadh Agreement economic development track. The parties also exchanged updates of ongoing SDRPY projects, including the King Salman Medical and Educational City and Marib Airport.

PM Maeen Saeed said that this visit would have significant implications for every Yemeni, noting that KSA has been a partner to Yemen in peace and in times of distress, gave Yemenis hope for stability, and supported peace in all parts of Yemen.

"Two years ago, the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and HE President Abdrabbuh Mansour Hadi held their first discussion on strengthening Yemen's economy with a US$2 billion deposit, a grant of oil derivatives, and other reconstruction and development initiatives," said HE Maeen Saeed. He indicated that the Saudi deposit had played a major role in financial stabilisation and support for the exchange rate of the Yemeni rial to the US dollar in a country that had witnessed war for five years.

"The deposit also helped the Central Bank of Yemen and opened financial letters of credit for commodities that have reached every home in Yemen, and many remain unaware of this," he said.

The programme's projects are strengthening Yemeni infrastructure. SDRPY is the first development organisation working to improve services and rehabilitate roads in the Yemeni province of Al-Jawf, for example. Aden General Hospital is being rehabilitated and funded by the Saudi Fund for Development under SDRPY supervision, while another SDRPY project prints textbooks which have already been distributed in several provinces.