EIB delegation to meet ministers, banking, business leaders Wednesday
A delegation from the European Investment Bank (EIB) will make a two-day visit to Jordan on Wednesday March 30 to strengthen cooperation with Jordanian public and private partners, announce new financing for business investment and discuss EIB support for water investment in the country.
In a statement, the European Commission in Amman said that this visit is the first high-level one to Jordan by the bank, which is the world's largest international public bank, since the start of the COVID-19 pandemic.
'The European Investment Bank, an EU Bank, is committed to supporting transformational private and public investment across Jordan, improving access to finance by entrepreneurs and addressing the challenges of a changing climate,' said Gelsomina Vigliotti, Vice President of the European Investment Bank.
'Jordan is a key country of operation for the EIB and over the last 43 years the EIB has supported energy, water, education, transport and private sector investment in the country. My financial and technical colleagues and I look forward to discussing how to strengthen economic resilience to existing and new challenges, and enhance the impact of future EIB engagement in Jordan,' she added.
Maria Hadjitheodosiou, the European Union Ambassador to Jordan, said: 'In the context of the close cooperation between the European Union and Jordan, the working visit of the EIB, the EU’s long-term lending institution, is very timely. It is an opportunity to identify further areas of cooperation, including water sector and private sector development.'
To align EIB engagement with Jordan’s national priorities, Vigliotti is expected to meet, during her visit, the Minister of Planning and International Cooperation, Minister of Finance, Minister of Health, Minister of Energy and Mineral Resources and Minister of Water and Irrigation.
On supporting economic resilience in Jordan, the statement indicated that the EIB has increased support for business investment in Jordan and around the world to enable companies to better tackle challenges triggered by the COVID-19 pandemic.
The EIB will unveil the results of the its Bank Lending Survey in Jordan and analysis of the short and long-term impact of the COVID-19 pandemic, assessment of climate risk and digitalization within the Jordanian banking sector.
The EIB will also confirm significant new support for business financing in Jordan in cooperation with local banking partners.
As for its commitment to water investment and climate action in the Kingdom, the EIB, the statement said, is the world’s largest financier for water investment and in recent years provided EUR 779 million to improve drinking water supply, sanitation and irrigation across Jordan.
On the second day of the visit, Vigliotti is also set to participate in the Aqaba-Amman Water Desalination and Conveyance Project (AAWDCP) Donor Pledging Conference.
The EIB is owned directly by the 27 European Union member states and has provided EUR 2.3 billion for long term public and private investment across Jordan since 1979.
A delegation from the European Investment Bank (EIB) will make a two-day visit to Jordan on Wednesday March 30 to strengthen cooperation with Jordanian public and private partners, announce new financing for business investment and discuss EIB support for water investment in the country.
In a statement, the European Commission in Amman said that this visit is the first high-level one to Jordan by the bank, which is the world's largest international public bank, since the start of the COVID-19 pandemic.
'The European Investment Bank, an EU Bank, is committed to supporting transformational private and public investment across Jordan, improving access to finance by entrepreneurs and addressing the challenges of a changing climate,' said Gelsomina Vigliotti, Vice President of the European Investment Bank.
'Jordan is a key country of operation for the EIB and over the last 43 years the EIB has supported energy, water, education, transport and private sector investment in the country. My financial and technical colleagues and I look forward to discussing how to strengthen economic resilience to existing and new challenges, and enhance the impact of future EIB engagement in Jordan,' she added.
Maria Hadjitheodosiou, the European Union Ambassador to Jordan, said: 'In the context of the close cooperation between the European Union and Jordan, the working visit of the EIB, the EU’s long-term lending institution, is very timely. It is an opportunity to identify further areas of cooperation, including water sector and private sector development.'
To align EIB engagement with Jordan’s national priorities, Vigliotti is expected to meet, during her visit, the Minister of Planning and International Cooperation, Minister of Finance, Minister of Health, Minister of Energy and Mineral Resources and Minister of Water and Irrigation.
On supporting economic resilience in Jordan, the statement indicated that the EIB has increased support for business investment in Jordan and around the world to enable companies to better tackle challenges triggered by the COVID-19 pandemic.
The EIB will unveil the results of the its Bank Lending Survey in Jordan and analysis of the short and long-term impact of the COVID-19 pandemic, assessment of climate risk and digitalization within the Jordanian banking sector.
The EIB will also confirm significant new support for business financing in Jordan in cooperation with local banking partners.
As for its commitment to water investment and climate action in the Kingdom, the EIB, the statement said, is the world’s largest financier for water investment and in recent years provided EUR 779 million to improve drinking water supply, sanitation and irrigation across Jordan.
On the second day of the visit, Vigliotti is also set to participate in the Aqaba-Amman Water Desalination and Conveyance Project (AAWDCP) Donor Pledging Conference.
The EIB is owned directly by the 27 European Union member states and has provided EUR 2.3 billion for long term public and private investment across Jordan since 1979.
A delegation from the European Investment Bank (EIB) will make a two-day visit to Jordan on Wednesday March 30 to strengthen cooperation with Jordanian public and private partners, announce new financing for business investment and discuss EIB support for water investment in the country.
In a statement, the European Commission in Amman said that this visit is the first high-level one to Jordan by the bank, which is the world's largest international public bank, since the start of the COVID-19 pandemic.
'The European Investment Bank, an EU Bank, is committed to supporting transformational private and public investment across Jordan, improving access to finance by entrepreneurs and addressing the challenges of a changing climate,' said Gelsomina Vigliotti, Vice President of the European Investment Bank.
'Jordan is a key country of operation for the EIB and over the last 43 years the EIB has supported energy, water, education, transport and private sector investment in the country. My financial and technical colleagues and I look forward to discussing how to strengthen economic resilience to existing and new challenges, and enhance the impact of future EIB engagement in Jordan,' she added.
Maria Hadjitheodosiou, the European Union Ambassador to Jordan, said: 'In the context of the close cooperation between the European Union and Jordan, the working visit of the EIB, the EU’s long-term lending institution, is very timely. It is an opportunity to identify further areas of cooperation, including water sector and private sector development.'
To align EIB engagement with Jordan’s national priorities, Vigliotti is expected to meet, during her visit, the Minister of Planning and International Cooperation, Minister of Finance, Minister of Health, Minister of Energy and Mineral Resources and Minister of Water and Irrigation.
On supporting economic resilience in Jordan, the statement indicated that the EIB has increased support for business investment in Jordan and around the world to enable companies to better tackle challenges triggered by the COVID-19 pandemic.
The EIB will unveil the results of the its Bank Lending Survey in Jordan and analysis of the short and long-term impact of the COVID-19 pandemic, assessment of climate risk and digitalization within the Jordanian banking sector.
The EIB will also confirm significant new support for business financing in Jordan in cooperation with local banking partners.
As for its commitment to water investment and climate action in the Kingdom, the EIB, the statement said, is the world’s largest financier for water investment and in recent years provided EUR 779 million to improve drinking water supply, sanitation and irrigation across Jordan.
On the second day of the visit, Vigliotti is also set to participate in the Aqaba-Amman Water Desalination and Conveyance Project (AAWDCP) Donor Pledging Conference.
The EIB is owned directly by the 27 European Union member states and has provided EUR 2.3 billion for long term public and private investment across Jordan since 1979.
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EIB delegation to meet ministers, banking, business leaders Wednesday
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