Two companies competing for Jordan Red Sea Project
Jordan government meeting with international firms over water project
Jordan’s Minister of Water and Irrigation Mousa Jamani has told the Jordan Times that two companies are to present their bids to be master developer of the Jordan Red Sea Project (JRSP) this month. The firms are competing to lead the project which aims to extract two billion cubic metres of water from the Red Sea each year. The project also involves the construction of two seawater and one freshwater hydro-electric power plants, producing 180 MW of electricity per year.
The minister told the paper that one of the firms is "prominent in construction and financing, while the second is a leader in investment". The first phase of the scheme is targeted to begin development next year, with the aim of producing 930 million cubic metres per year by 2055. Under the first phase, water will be transported to a desalination plant in Aqaba. The full scale of the project is estimated to be valued at around $10 billion.