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Saint Lucia secures $75M loan to complete St Jude Hospital reconstruction
The Government of Saint Lucia, in collaboration with the Saudi Fund for Development, signed contracts with local and Saudi Arabian firms to complete the reconstruction of St.
Jude Hospital. The contract signed on September 13, 2024, aims to reconstruct the hospital damaged in a 2009 fire.
According to the information, the concessional loan of $75 million from the SFD will assist in advancing the new hospital with 100 beds and advanced medical facilities, which will ultimately improve healthcare access for households.
The signing ceremony on Friday was attended by SFD CEO Sultan Al-Marshad and Saint Lucia's Prime Minister Philip J Pierre and marked a major step in the country's healthcare development.
During the ceremony, PM Pierre noted, "As we gather to finalize and confirm contracts for the reconstruction of the Saint Jude Hospital, we are not merely laying the foundation to ensure total completio