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Tuesday, January 15, 2008

Aceh expecting Saudi investment

Banda Aceh (ANTARA News) - Nanggroe Aceh Darussalam (NAD) is hoping that Saudi companies will invest their capital in the province in order to help develop its economy and solve the unemployment problem, NAD Deputy Governor Muhammad Nazar said here on Tuesday.

"Besides that, Saudi investors are also expected to help develop NAD`s education and other economic sectors," he said on the sidelines of the handing over of assistance from the Saudi Charity Campaign (SCC).

The ceremony which was held in the premises of Baiturrahman Grand Mosque, was attended by Saudi Arabian Home Affairs Minister, who is also SCC president, Saaid Al Urabi Al Haritsi, Saudi Ambassador to Indonesia Abdurrahman Muhammd Amin Al Khayyath and their party members.

The Saudi social institution provided assistance for the development of 1,500 units of houses who became victims of the deadly tsunami which hit Aceh province in December 2004.

The Saudi sides will lay the first corner stones for the development of 2,500 houses for the tsunami victims on Wednesday.

Other corner stones which will also be laid on Wednesday are those for the construction of the Medical Center of the Syiah Kuala University`s Medical School, which will be built at a cost of US$1,800,000.

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