Monrovia – The Government of Liberia and the Saudi Fund for Development will on February 10 sign a US$20 million financing agreement for the Gbarnga to Salayea road. The money will be used to upgrade the first section of Lot One (1) of the Gbarnga – Mendikorma Road. The first section of this Lot is from Gbarnga to Salayea and its project estimated cost is US$95.1 million. Friday’s exercise commemorates the fourth signing ceremony for funds earmarked for the Gbarnga – Salayea road Project. Over the last two months, the financing agreement with the OPEC Fund for International Development was signed in Vienna, Austria and financing Agreement with the Kuwait Fund for development was also signed in Monrovia.

Source: Front Page Africa February 10, 2017 02:39 UTC