Source link : https://theamericannews.net/america/suriname/ali-cheers-as-islamic-development-bank-unleashes-1-billion-for-suriname-and-guyanas-prosperity/
In a significant boost to regional development efforts, the Islamic Development Bank (IDB Group) has formally allocated $1 billion in financing for pivotal projects in Suriname and Guyana. This strategic investment, welcomed by Suriname’s President Chandrikapersad Santokhi, aims to bolster economic growth, infrastructure enhancement, and social initiatives within the two South American nations. The IDB’s commitment underscores a growing partnership focused on sustainable development and regional cooperation, as both countries seek to capitalize on their rich natural resources and improve the living standards of their citizens. As the landscape of development financing evolves, this landmark funding initiative by the IDB Group promises to catalyze transformative projects pivotal for the future of Suriname and Guyana.
Ali Highlights Economic Opportunities Following IDB Group’s $1 Billion Investment in Suriname and Guyana
In a significant focus on regional growth, President Ali has underscored the transformative potential of the Islamic Development Bank’s $1 billion investment in Suriname and Guyana. This substantial financial commitment is poised to enhance infrastructure and stimulate economic activity across various sectors. Highlighting the strategic areas where this funding will be applied, Ali noted that the emphasis will be on:
- Energy Development: Enhancing energy security and sustainability.
- Transportation Infrastructure: Upgrading roads, ports, and public…
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Author : Mia Garcia
Publish date : 2026-01-30 07:52:00
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