Saudi fund CEO attends inauguration of Jakarta State University development project

The initiative, worth $32.7 million, includes the construction of four 10-storey buildings, along with a grand mosque and social development center. (SFD)
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Updated 15 May 2025
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Saudi fund CEO attends inauguration of Jakarta State University development project

Saudi Fund for Development CEO Sultan Al-Marshad took part in an inauguration ceremony for phase two of the Jakarta State University development and upgrade project.

The initiative, worth $32.7 million, includes the construction of four 10-storey buildings, along with a grand mosque and social development center.

Writing on X on Wednesday, the Saudi Fund said Indonesian Minister of Higher Education, Science and Technology Brian Yuliarto and Saudi Ambassador to Indonesia Faisal bin Abdullah Al-Amoudi were also present at the ceremony.