Gov’t secures 80% of water carrier project financing — Shboul

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(File photo: Jordan News)
AMMAN — Minister of State for Media Affairs, and official government spokesman Faisal Al-Shboul has said that the government is proceeding with the implementation of the National Water Carrier Project, “despite the difficulties and challenges facing us”, Khaberni reported on Monday.اضافة اعلان

Shboul said that the government has been successful in securing approximately 80 percent of the total funding for this strategic multi-billion-dollar project whose total cost, over several stages, has been estimated at about $2.8 billion.

The project’s objective is to desalinate Red Sea water in the city of Aqaba, in the south, and transfer drinking water to various governorates. The project has a capacity of 250 to 300 million cubic meters annually; the cost of the first phase is estimated at $1 billion.

Shboul said that the deadline for presenting financial and technical offers has been extended for at least one month, at the request of interested companies.

Regarding the modernization of the public sector, Shboul said that the government has asked the Economic and Social Council to conduct intensive discussions across the Kingdom with the aim of enriching the process of modernization and administrative development.

He said that following these discussions, a timetable for the implementation of the modernization process will be determined, and stressed that deadlines may be modified and that additional elements may be added.

In terms of prospecting and exploring for mineral resources, Shboul said that large amounts of phosphate have been identified and the plan is to process it into products with high added value by attracting companies to invest in such venture. He indicated that the government does not plan to sell phosphate as a raw material, which is the case today.

He also said that exploration for oil, gold, copper, and minerals in various regions of the Kingdom is continuing and that preliminary results indicate the presence of such minerals in good quantities.

As far as the process of electricity interconnection between Jordan, Syria, and Lebanon is concerned, Shboul said it is ready for implementation, and awaiting World Bank approval for the Lebanese side regarding the financing process and exclusions from the US Caesar Act.

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