SAARC Development Fund (SDF) is a regional funding institution operational since 2010. SDF has been established (i) to promote the welfare of the people of SAARC region, (ii) to improve their quality of life and (iii) to accelerate economic growth, social progress and poverty alleviation in the region. The Fund is to serve as the umbrella financial institution for SAARC projects and programmes and is aimed to contribute to regional cooperation and integration through project collaboration.
• The SDF shall primarily finance longer term priority regional programmes and projects.
• The Infrastructure Window shall primarily fund projects in areas such as energy, power, transportation, tele-communications, environment, tourism and other infrastructure areas.
• The Economic Window shall extend funding to non-infrastructural projects related to trade and industrial development, agriculture, service sectors, science and technology, and in other non-infrastructure areas. It shall also be utilized for identifying, studying, developing and/or sponsoring commercially viable programmes/projects of regional priority including their pre-feasibility and feasibility studies.
• Loans under the two windows can be extended to government bodies, municipal corporations, SPVs, SEOs and private sector corporate bodies. The SDF shall finance both public sector as well as private sector entities.
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