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MoU for 60 projects signed with India

MoU for 60 projects signed with India

Jul 30, 2013 - 14:31

KABULinfo-icon (PANinfo-icon): Afghanistaninfo-icon and India on Tuesday signed Memoranda of Understanding (MoU) on implementing 60 projects under the the $300 million Small Development Projects (SDP) scheme.

The SDP scheme was announced during the visit of Indian Prime Minister Dr. Manmohan Singh in May 2011. The MoUs were signed by Minister of Economy Abdul Hadi Arghandiwal and Indian Ambassador Amar Sinha.

The first two phases of the SDP scheme, with a total outlay of $20 million, is nearing completion. A framework MoU for operationalising the third phase with a capital outlay of id="mce_marker"00 million was inked in November 2012. 

A statement from the Ministry of Economy said The MoU on the third phase contains projects worth id="mce_marker"00 million over the next 4 years. At least $2 million projects should be undertaken in each of Afghanistan's 34 provinces.

Recently, 60 projects were approved under the third phase of the SDP scheme. The projects are to be executed in Badakhshan, Badghis, Balkh, Farah, Faryab, Herat, Jawzjan, Kunduz, Samangan and Takhar provinces.

Most of the projects involve construction of primary and high schools, small hospitals, veterinary clinics, bridges, protection walls, etc, and have a total approved cost of id="mce_marker"4.224 million. Thus, approx USD 85.78 million remains available for project proposals, including from other provinces not covered in the first lot of approved projects.


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