Hanoi, November 06, 2023, In a noteworthy ceremony, the CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, officially inaugurated the expansion project of the Vocational College in Ha Nam Province, Vietnam. This substantial undertaking, generously funded by the SFD with an investment exceeding $9 million, was graced by the presence of various dignitaries, including Tran Xuan Duong, the Vice President of Ha Nam Province.
The central aim of this project is the establishment of ten cutting-edge educational buildings. These structures will house state-of-the-art training lecture halls equipped with the latest educational technologies, as well as residential accommodations for both students and faculty members. Additionally, the project encompasses the revitalization of crucial infrastructure elements such as roads, water supply, and sanitation services. The expansion initiative is poised to have a far-reaching impact, benefiting over 3,000 male and female students on an annual basis. These students will gain access to top-tier training opportunities, thus paving the way for a more prosperous future.
During the inaugural ceremony, Al-Marshad underscored the pivotal role that education and vocational training play in unlocking human potential and propelling economic advancement. He emphasized, "We take immense pride in supporting the expansion of Ha Nam Vocational College in Vietnam, ensuring that a greater number of young men and women receive high-quality training to facilitate their journey towards a prosperous future."
This project represents a significant component of the SFD's broader efforts to bolster the education sector in developing countries across the globe. To date, the Fund has been instrumental in the execution of more than 80 educational projects and programs, with a cumulative value exceeding an impressive $2.6 billion. This demonstrates the SFD's unwavering commitment to fostering global education and contributing to the development of human capital on an international scale.
