The Government of St. Vincent and the Grenadines has received a major boost for the National Geothermal Energy Project.

This follows the signing of a loan agreement for Fifteen million U.S. dollars between St. Vincent and the Grenadines and the Abu Dhabi Fund for Development.

The agreement was signed in Dubai this week by Prime Minister, Hon. Dr. Ralph Gonsalves and the Director General of the Abu Dhabi Fund for Development, Mohammed Saif Gha-nem Al Su-waidi.

Among those witnessing the signing were Adnan Z Amin, the Director General of the International Renewable Energy Agency.