Saudi Fund for Development Inaugurates 33-kV Transmission Project in Seychelles
The Saudi Fund for Development (SFD) has inaugurated the 33-kV Transmission Network of South Mahe Island project in Seychelles.
The Saudi Arabian government agency had previously provided $20 million for this project, which aims to improve the electricity distribution network in the southern part of South Mahe Island.
The project is expected to provide affordable and reliable electricity to homes and businesses, while boosting economic activity and creating job opportunities. It will also contribute to better public health and education services, creating a more sustainable future for the island.
In addition, the project aligns with the United Nations Sustainable Development Goals, particularly SDG 7, which promotes universal access to affordable and sustainable energy sources.
“We are grateful to the SFD for their generous support in funding this project. Their contribution has been instrumental in modernizing our electricity infrastructure and improving the reliability and efficiency of our electricity transmission and distribution network,” Flavien P. Joubert, Minister of Agriculture, Climate Change and Environment of Seychelles, said.
“This project aligns with SFD’s commitment to supporting sustainable development in developing countries worldwide. Electricity is an essential utility for the development of any nation, and we are proud to have contributed towards improving the lives of the people of South Mahe,” SFD CEO Sultan Al-Marshad said. “Families, businesses, and individuals now have access to reliable and affordable electricity which will play a major role in ensuring a bright future for South Mahe.”