France funds Jordan water upgrade projectson Jan 2, 2013
Jordan’s Ministry of Planning and International Cooperation has this week agreed a US $60 million soft loan deal with the French government to help support a water upgrade project in the Greater Amman Municipality. The deal, reported by Jordan News Agency (Petra), will see the water firm Miyahuna restore the water network in the municipality ahead of the commencement of pumping from the southern Disi aquifers later this year.
Under the scheme, additional water lines will be installed, together with new water meters to help minimise water losses and ensure network efficiency.
Jafar Hassan, Minister of Planning and Cooperation, has said that Jordan will repay the loan over a 15 year period, and emphasised that the scheme will provide water to large section of his country’s citizens.
Recent news from Jordan has largely focused on power deals, as the country strives to meet growing electricity demand in the face of enormous domestic feedstock shortages. The European Bank of Reconstruction and Development, back in September, announced that it was looking to help fund $360 million worth of projects in the Kingdom to help boost electricity capacity.