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GOVERNING BOARD Egypt: US$50m Mongolia: US$25m Tajikistan: US$40m


Central Asia Regional Economic Cooperation Corridors 2, 3, and 5 (Obigarm–Nurobod) Road To enhance trade and improve access to social services and jobs in the project area. This will be achieved by constructing a 30 km asphalt highway and 30 km of all-weather village access roads, including bridges and road safety features.


China:


US$25m


Wenshan Vocational Education Project To deliver high quality, demand-driven vocational education for around 12,000 job seekers and further training to around 6,000 professional and skilled workers per year. This will be achieved by expanding the Wenshan University’s campus and related facilities.


Uganda: US$30m


National Oil Seeds To support smallholder oil seed producers (around 120,000 households in 53 districts). The OPEC Fund’s contribution will finance construction / repair of 2,500 km of feeder roads, water harvesting mechanisms for crops and livestock, and supply chain development.


Malawi: US$20m


Transforming Agriculture through Diversification and Entrepreneurship To support the value chain and build the capacity of smallholder farmers and rural organizations – benefiting around 1.3 million people. This will include providing enabling infrastructure, as well as access to rural financial schemes and business development services.


THE OPEC FUND’S PRIVATE SECTOR AND TRADE FINANCE OPERATIONS APPROVED US$95 MILLION IN NEW FUNDING.


US$50 million will finance infrastructure projects in Egypt; and US$45 million was approved to support international trade activities in Chile (US$20 million) and Mongolia (US$25 million).


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