Saudi Fund for Development, St Lucia sign contracts for St. Jude Hospital

The signing of the agreement
The signing of the agreement

On September 13, 2024, The Saudi Fund for Development (SFD) and the Government of Saint Lucia signed contracts with two joint ventures involving two Saint Lucian firms in partnership with two Saudi Arabian firms to complete the reconstruction of St. Jude Hospital in Augier, Vieux-Fort.

A release from the Office of the St Lucian Prime Minister said that the signing is an important step forward for transferring health services from the retrofitted George Odlum National Stadium, back to St. Jude Hospital, which was damaged in a fire in 2009.

The reconstruction of St. Jude Hospital, funded by the SFD with a concessional loan of $75 million, will include 100 beds, maternity wards, emergency rooms, and surgical suites, serving thousands of patients annually.  The signing was witnessed by CEO of the Saudi Fund for Development (SFD), Sultan Al-Marshad and Saint Lucia’s Prime Minister, Philip Joseph Pierre.

The release said that Pierre, expressed his gratitude stating, “I wish to extend my heartfelt gratitude to the government and people of the Kingdom of Saudi Arabia, the Saudi Development Fund and everyone who has played a role in bringing us here today.”