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Kuwait Fund for Arab Economic Development may finance cancer center project in Grodno

GRODNO, 25 April (BelTA) - The Kuwait Fund for Arab Economic Development may finance a project to built a cancer center in Grodno, head of the delegation of the Kuwait Fund For Arab Economic Development Nawaf al-Mahamel during a meeting with Grodno Oblast Governor Vladimir Kravtsov, BelTA has learned.

On 24 April the fund's delegation held working meetings in the Finance Ministry and the Healthcare Ministry of Belarus. When in Grodno the guests visited healthcare facilities, including the construction site of the future cancer center. 

“Grodno Oblast is the only region in the country that has no cancer center of its own. Locals have to go to Minsk or other regions to seek qualified help,” Vladimir Kravtsov said. He stressed that the decision to build the center has been made. The project will be launched soon. Work is currently underway on additional funding options, credit lines.

“We are carefully studying the application to build the cancer center in Grodno. We understand the importance of this facility for the city and the whole region,” Nawaf al-Mahamel said. An agreement to finance the project may be signed soon.

A set of buildings of City Hospital No. 3 will be renovated under the project. The project is expected to be divided into two phases. The Kuwait Fund for Arab Economic Development intends to invest about $25 million in each of them. The first phase, which is scheduled to complete in 2023, provides for the construction of radiological and surgical facilities and to purchase essential medical equipment.

Nawaf al-Mahamel noted that it is not the only joint project of the fund with Belarus. Three investment cases are currently on the table.

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