Jordan, EIB Signs EUR1.7m Grant Agreements

تم نشره في Sat 20 May / May 2017. 11:00 PM
  • Minister of Planning and International Cooperation, Imad Fakhouri, and Director of the Neighbouring Countries Department of the European Investment Bank (EIB), Heinz Olbers, sign grant agreements - (Source)

DEAD SEA — Minister of Planning and International Cooperation, Imad Fakhouri, and Director of the Neighbouring Countries Department of the European Investment Bank (EIB), Heinz Olbers, On Sunday, signed two grant agreements worth EUR1.7 million.

Under the first grant agreement, Fakhouri said, the EIB will provide technical assistance to Jordan amounting to EUR714 thousand to finance a feasibility study for structuring a public-private partnership for Zarqa industrial wastewater treatment plant.

An amendment to the technical advisory agreement for operating the first phase of the Red Sea Dead Sea Water Conveyance Project (Red-Dead) has also been signed to provide an additional grant of EUR1 million for additional project activities and studies. The first technical grant of the project is EUR750 thousand.

The minister said Jordan cooperation with the EIB is evolving through new projects, voicing appreciation for the bank's continued support to Jordan and financing of vital projects in important sectors.

(Petra)

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