Ammon News - AMMONNEWS - The Palestinian study of the project " water-sharing " warned that the results from linking the Red Sea to the Dead Sea will impact negatively on the Palestinian and Jordanian economy. This project was recently signed by the representatives of Israel , Jordan and Palestine at the World Bank in Washington .

A report of the Palestine Institute for Strategic Studies in the Gaza Strip, stated that the total cost of the Bahrain project channel is five billion dollars, and the reservoir will be at risk this amount, according to the study if it were given to the participating countries in the form of loans, which will lead to increased indebtedness of the Palestinian Authority and Jordan.

In exchange Institute estimates Institute , said the head of the PWA , in an official statement , said that the total cost of the tube after all stages is up to 11 billion dollars , without giving further details on the quotas of each of the three parties (Palestine, Jordan and Israel) in funding , or international financial institutions that can contribute to the financing of the project .

The Institute noted that the length of the canal is 180 km from the Gulf of Aqaba to the Dead Sea , and consists of tunnels and canals and tubes .

The project includes the establishment of a desalination plant with a capacity of 850 million m3 per year, and also the creation of a station to generate hydroelectric power to take advantage of the high altitude of the 507 kilometers fall of water.

The study called for those responsible in Egypt to be " of the utmost vigilance " on the negative impacts of economic and security for this project on Egypt and its national security, especially in the long term, saying " should not be parking the Egyptians when the argument currently prevailing among stakeholders that this project is not a current threat to channel Suez . " The project potentially could constitute serious competition for the Suez Canal, which is one of the main resources of hard currency for the Egyptian economy. ( Anatolia )