AMMAN — The government is trying to find funding for
a multi-billion-dollar project to build a water conveyor that will carry
desalinated sea water from the
Gulf of Aqaba to Amman and other governorates
across the kingdom,
Minister of Water and Irrigation Muhammad al-Najjar was quoted
as saying Tuesday by Jordan News Agency, Petra.
اضافة اعلان
The minister told a symposium organized by the
Association of Banks in Jordan that the search targets Jordanian investors and local banks,
indicating that so far, $500 million has already been secured through grants
and aid to finance the National Water Carrier Project, which is expected to
cost $2.5 billion.
In this context, Najjar stressed the importance of Jordanian
institutions and banks in financing national projects without resorting to
external borrowing, stressing that the government will guarantee the financing.
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