OPEC Fund Quarterly - 2024 Q1

DEVELOPMENT NEWS

Supporting inclusive education and connectivity in Tajikistan

Upgrades to the country’s education and transport systems

T he OPEC Fund recently signed two loan agreements with the government of Tajikistan totaling US$18 million. An US$8 million loan will support the implementation of the National Education Development Strategy of the Republic of Tajikistan Project, while another US$10 million loan will co-finance the Guliston-Farkhor-Panj- Dusti Road Reconstruction Project. The National Education Development Strategy of the Republic of Tajikistan provides access to education for almost 17,000 students in Tajikistan and is co- financed with the Global Partnership for Education (GPE) and the Islamic Development Bank (IsDB). It aims to create a high quality and accessible educational system based on modern infrastructure and innovative technologies, providing students with new school buildings, improved learning equipment, access to upgraded technology and water, sanitation and hygiene facilities, thus improving the overall learning experience for both teachers and students. The Guliston-Farkhor-Panj-Dusti Reconstruction Project will finance the upgrading of a 30 km road section. Tajikistan is a landlocked country and

The National Education Development Strategy of the Republic of Tajikistan Project provides access to education for almost 17,000 students

people rely on roads for domestic and international connectivity. The Guliston- Farkhor-Panj-Dusti road provides a vital internal connection between the south and southeast parts of the country and allows

Tajikistan-China road corridor. The upgraded road will contribute to improving local and regional connectivity and integration with neighboring countries, ensure safe movement of goods and people, and enhance the overall socio-economic development in the country.

transit traffic to the Afghanistan-

Enhancing healthcare in the Comoros

A new 300-bed hospital will serve archipelago’s largest city

T he OPEC Fund is providing a US$17 million loan to co-finance the reconstruction of the El-Maarouf Hospital in the Comoros, the largest medical facility in the country founded in 1954. The loan will finance the construction of a 300-bed unit serving the entire population, particularly mothers and children. The new hospital will be constructed in Moroni, the largest and most accessible city of the Comoros archipelago, an island union with more than 800,000 inhabitants. The hospital will be equipped with specialized healthcare services and offer state-of-the-art clinical, diagnostic and auxiliary services.

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