Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Business

Cabinet approves €52 million Italian loan, grant to finance national carrier

14-05-2025 12:12 PM


Ammon News - The Cabinet, in its session held Wednesday, headed by Prime Minister Dr. Jafar Hassan, decided to approve an agreement with Italy, and a financial agreement with the Italian Development Bank, to contribute to financing the national carrier project through a soft loan worth 50 million euros, and a grant worth 2 million euros.

The agreement aims to contribute to financing the implementation of Aqaba-Amman National Water Carrier Project for desalination and water transfer, which aims to provide a potable water supply of 300 million cubic meters annually, address the chronic water shortage in the Kingdom, and increase water supplies to all governorates.

This agreement comes within the framework of implementing the National Water Carrier Project, a major national strategic project and the most important response to the challenge of water poverty in Jordan and one of the most important projects included in the Economic Modernization Vision.




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :