Algeria
Egypt
Israel
Jordan
Lebanon
Libya
Morocco
Palestine *
Syria *
TunisiaJordan and EIB sign EUR 200 million loan for Aqaba Amman Water Desalination and Conveyance Project
The European Investment Bank (EIB) will provide EUR 200 million loan for the Government of Jordan’s contribution to the Aqaba Amman Water Desalination and Conveyance Project (AAWDCP), the first confirmed financing for Jordan’s largest ever water investment project.
This financing for the climate adaptation scheme will contribute to providing part of the government of Jordan contribution to the project amounting to (250 million Jordanian dinars (US$ 352 million) to the Aqaba Amman Water Desalination and Conveyance Project (AAWDCP) that will supply an additional 300 million cubic meters of water each year after desalination and transferring it from Aqaba to Jordanian capital Amman and the rest of provinces.
This follows the EIB’s commitment to support the project announced during the pledging conference held in March, 2022.
Countries covered:
-
Jordan
