AMMAN—
A delegation from the European Investment Bank (EIB) is set to make a two-day
visit to Jordan on Wednesday to strengthen cooperation with Jordanian public
and private partners, announce new financing for business investment, and
discuss EIB support for water investment in the country, according to the
Jordan News Agency, Petra.
اضافة اعلان
In a statement,
the European Commission in Amman said that this visit is the bank’s first
high-level visit to Jordan — which is the world’s largest international public
bank — since the start of the COVID-19 pandemic.
“The European
Investment Bank, an EU Bank, is committed to supporting transformational
private and public investment across Jordan, improving access to finance by entrepreneurs
and addressing the challenges of a changing climate,” said Gelsomina Vigliotti,
vice president of the European Investment Bank.
“Jordan is a key
country of operation for the EIB and over the last 43 years the EIB has
supported energy, water, education, transport, and private sector investment in
the country. My financial and technical colleagues and I look forward to
discussing how to strengthen economic resilience to existing and new
challenges, and enhance the impact of future EIB engagement in Jordan,” she
added.
To align EIB
engagement with Jordan’s national priorities, Vigliotti is expected to meet
with the ministers of planning, finance, health, energy, and water.
On supporting
economic resilience in Jordan, the EIB increased support for business
investment in Jordan and around the world to enable companies to better tackle
challenges triggered by the COVID-19 pandemic, according to a press statement.
The EIB will
unveil the results of its Bank Lending Survey in Jordan and analysis of the short
and long-term impact of the COVID-19 pandemic, assessment of climate risk, and
digitalization within the Jordanian banking sector.
The EIB will also
confirm significant new support for business financing in Jordan in cooperation
with local banking partners.
As for its
commitment to water investment and climate action in the Kingdom, the EIB is
the world’s largest financier for water investment and in recent years provided
779 million euros to improve drinking water supply, sanitation, and irrigation
across Jordan, according to the statement.
On the second day
of the visit, Vigliotti is also set to participate in the Aqaba-Amman Water
Desalination and Conveyance Project Donor Pledging Conference.
The EIB is owned directly
by the 27 EU member states and has provided 2.3 billion euros for long-term
public and private investment across Jordan since 1979.
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