Jordan, EIB discuss water generation projects

2. Jordan EIB National Carrier
Minister of Planning and International Cooperation Nasser Shraideh and Vice President of the European Investment Bank Gelsomina Vigliotti meet on April 4, 2022. (Photo: Petra)
AMMAN — Minister of Planning and International Cooperation Nasser Shraideh and Vice President of the European Investment Bank (EIB) Gelsomina Vigliotti confirmed Monday their close cooperation and shared goal of strengthening support for high-impact water investment throughout Jordan, according to the Jordan News Agency, Petra.اضافة اعلان

During the first face-to-face meeting since the start of the COVID-19 pandemic, the two officials discussed the Aqaba-Amman Water Desalination and Conveyance Project — also known as the National water Carrier project and the donor conference in Amman later this week.

Shraideh reiterated his thanks to the EIB for its $250 million development loan announced during the pledges conference to support the National Carrier project, and its willingness to provide additional financing for this strategic project. He also referred to the bank’s contribution to financing a study of the environmental and social impact assessment of the National Carrier, which complements the technical and financial studies funded by the US.

"Enabling Jordanian and international partners to join forces to support this landmark project is essential to secure water supply for future generations in our country and tackle the impact of climate change," he added.

Vice President Vigliotti, during a two-day official visit to Jordan, has discussed the EIB’s role and support for the largest water generation scheme to be implemented in the history of the Kingdom, alongside donors and international financial partners.

The EIB’s Vice President said that investing in water is investing in the future, adding that the visionary National Water Carrier Project will enable Jordan to adapt to the impact of a changing climate, increasingly scarce water resources, and a growing population.

"As the world’s largest international financier for water investments, the EIB has unique global technical and financial experience and Jordan is a key focus of the EIB’s global support for water investment. The excellent cooperation between Jordanian and EIB partners has enabled backing for transformational water investment across the country that has secured water access for thousands of people. It is a pleasure to join Jordanian and international partners in Amman and to discuss our potential support and cooperation regarding the project," she noted.

EU Ambassador to Jordan Maria Hadjitheodosiou said that Jordan and the EU recognize the importance of accelerating investment to improve access to drinking water and adapt to climate change. The close cooperation between Jordanian and Team Europe partners, including the EIB, and the EU, is strengthening the impact of water investment to benefit communities across Jordan."

The project will supply an additional 300 million cubic meters of water annually to Amman and other regions of the country.

Possible EIB financing for the project is expected to be considered by the EIB board in the coming months

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