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The Inquirer ( June 5, 2006 Posted to the web June 5,
2006 Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, of the The Saudi Prince
announced the donation to the country, when he visited The visit last Friday of
the Saudi Prince, who is said to be the world's fifth richest man, was the
second to the country in almost a year. In mid last year, the
Saudi Prince visited During that visit, the
Prince donated US$1.2 million to the country. The amount is being managed by
a special group, chaired by Mr. Harry Greaves, Jr. Speaking to the press at
the executive mansion following a meeting between the Saudi Prince and the
Liberian leader, Mr. Greaves said the latest contribution of the Saudi
Prince, will go towards housing. Mr. Greaves said that the
Saudi Prince was pleased over the efforts by the Liberian government and
people in the management of the previous US$1.2 million donation he gave the
country when he visited last year. The Saudi Prince's
previous donation is being managed by the Special Charitable Fund Committee
on four major projects which include: printing and distribution of Liberian
school text books to schools across the country; repair or the renovation of
schools; purchasing of hospital equipment for distribution to Liberia health
centers the purchasing of drugs among others. In a related development,
the Saudi Prince has expressed his interest to invest in the country's
tourism industry. He plans to invest some 200 million in |