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A historic moment for the Ministry of Finance, Royal Government of Bhutan, SAARC Development Fund and Drukair Corporation Ltd. as we signed today a US$13m loan agreement for purchase of Drukair ATR 42-600.
A historic moment for the Ministry of Finance, Royal Government of Bhutan, SAARC Development Fund and Drukair Corporation Ltd. as we signed today a US$13m loan agreement for purchase of Drukair ATR 42-600. This is the first project under SDF’s Economic Window. SDF financing would help Drukair Corporation Ltd. extend aviation connectivity with Bangladesh, India and Nepal and thus, provide economic connectivity and regional integration.
The signing ceremony was held at the Ministry of Finance, Tashichho Dzong, Thimphu today. Documents were signed by the Hon’ble Finance Minister of Bhutan, Lyonpo Namgay Tshering, CEO of SAARC Development Fund Dr Sunil Motiwal and CEO of Drukair Corporation Limited Mr. Tandi Wangchuk. Governor of Royal Monetary Authority Dasho Penjore was also present at the signing ceremony.
Publish Date : Aug 16,2019
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Joint Media Release