Planning minister urges Int'l funding support to National Water Carrier Project

Nasser Shraideh
(File Photo: Jordan News)
AMMAN— Minister of Planning and International Cooperation, Nasser Shraideh, briefed a number of representatives of international financial institutions on the latest developments related to National Water Carrier (Aqaba–Amman Water Desalination and Conveyance Project (AAWDC), according to the Jordan News Agency, Petra.اضافة اعلان

According to a ministry's statement on Thursday, Shraideh highlighted the importance that the Jordanian government attaches to this project, which is considered a top priority on the government’s work agenda.

During a meeting held on the sidelines of his participation in the annual meetings of World Bank Group and the International Monetary Fund (IMF), he said the project is a pillar of national water security in the framework of achieving comprehensive economic development, calling on institutions and development partners to provide more support from soft financing for this strategic project.

The meeting was attended by representatives of various international financial institutions from International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), Proparco-French Development Finance Institution, German Reconstruction Bank (KfW), European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), Japan International Cooperation Agency (JICA), Asian Infrastructure Investment Bank (AIIB), and Islamic Development Bank (IsDB), the OPEC Fund for International Development, World Bank Multilateral Investment Guarantee Agency (MIGA), and the United States International Development Finance Corporation (DFC).

In addition, Shraideh met with the senior MIGA managers and agreed to provide guarantees for the project.

The project, whose implementation will start at the end of 2023, aims to increase water supply by providing an additional 300 million cubic meters of water annually after desalination and transferring quantities from Aqaba to Amman and the rest of the Kingdom's governorates.

The project is the largest project that the government has included in its economic priorities program, and it is expected to enter the water supply in 2027.

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