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18 April 2024

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Jordan, Germany sign €22.7m debt-swap deal to support National Water Carrier Project

09-07-2026 08:39 AM


Ammon News - Jordan and Germany have signed a €22.7 million debt-swap agreement to support the implementation of the National Water Carrier Project Readiness Program, which aims to facilitate the efficient transport, storage, and distribution of drinking water produced through the National Water Carrier Project.

The agreement was signed by Jordan's Minister of Finance, Abdul Hakim Shibli, and the Director of the German Development Bank (KfW) Office in Jordan, Matthias Schmidt-Rosen, in the presence of KfW Deputy Director in Amman, Sawsan Arouri, Head of Jordan Division at Germany's Federal Ministry for Economic Cooperation and Development (BMZ), Annette Schmas, and Nicolas von Kalm from the German ministry.

With this agreement, Germany’s total contribution to the National Water Carrier Project rises to €127 million, making it one of the project's largest donors.

The agreement converts part of Jordan’s debt owed to Germany into a strategic investment in the future of Jordan’s water security, underscoring the strength of the partnership between the two countries and their shared commitment to addressing one of Jordan’s most pressing challenges: water scarcity.

The National Water Carrier Project is expected to desalinate 300 million cubic meters of drinking water annually, providing a sustainable water source for millions of Jordanians.

Implemented through a public-private partnership model, the project includes the construction of a Red Sea desalination plant, a water conveyance system extending more than 450 kilometers, pumping stations, and renewable energy facilities, contributing to Jordan’s climate and energy transition goals.

For more than six decades, Germany has been one of Jordan’s closest development partners. The signing of this agreement marks another milestone in the longstanding partnership and reflects Germany’s continued commitment to supporting Jordan in securing reliable water resources for future generations amid growing water scarcity and the impacts of climate change.




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