14-05-2025
Cabinet approves €52 million Italian loan, grant to finance national carrier
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.
