Qatar Friendship Fund (QFF) on Wednesday announced the funding of five projects to boost child education, healthcare and fisheries in Japan as part of a $100m package pledged after the devasting tsunami last year.
The latest projects will see Japan receive about $19m in financial assistance, a statement said, adding that QFF was a gift from the Emir of Qatar, Sheikh Hamad Bin Khalifa Al-Thani, and the people of Qatar to Japan.
The projects include a student city in Sendai and Iwaki and a community revitalisation initiative to foster sports, culture exchange, and childcare facilities to those in need.
A third project will offer valuable assistance to the community in Iwate, Miyagi and Fukushima - areas hardest hit by the tsunami.
The project will include, among other things, the support and repair of six institutions for handicapped people in Fukushima.
Further projects include one in Kamaishi City to bring tangible benefits to the fishery industry.
Qatar Friendship Fund has pledged $100m to rehabilitation projects over a three-year period.
In October, its first project, Maskar, a $23m multi-functional fishery processing plant was opened in Onagawa, Miyagi prefecture.
Yousef Bilal, Qatar's Ambassador to Japan, said: "I want to say how honoured we are to be able to offer our support to Japan. We are confident that these five projects will offer renewed hope to those affected and we look forward to announcing further projects in the months ahead."For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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