EU to mobilise investments to Jordan for years 2021-2027

  • Date: 01-Dec-2021
  • Source: Zawya
  • Sector:Economy
  • Country:Jordan
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EU to mobilise investments to Jordan for years 2021-2027

AMMAN — The Ministry of Planning and International Cooperation on Monday announced the EU’s intention to mobilise investments to Jordan worth 2.5 billion euros, including 164 million euros in grants for the current year, as part of the EU-Jordan Association Agreement for the years 2021-2027. Speaking during a joint press conference with European Commissioner for Neighbourhood and Enlargement Olivér Varhelyi, Planning Minister Nasser Shraideh said that these grants will cover support for a number of sectors, including the water, energy, transport and infrastructure sectors, and stimulate investment in mega projects in partnership with the private sector. Jordan and the EU have agreed on two projects to be implemented during the next phase: The rehabilitation of the King Hussein Bridge and the establishment of logistical services, to facilitate trade exchange between the Kingdom and the West Bank. var width=document.documentElement.clientWidth;if(width>=320&&width<728){}; googletag.cmd.push(function(){try{var d=document.documentElement.clientWidth;var a;var c="/21857811890/en.zcom/";var b;if(d>=320&&d<728){a=[300,250];b=["mobile_mr_story"]}else{a=[300,250];b=["MR_Story"]}var h="MR_Story";var g=googletag.defineSlot("/21857811890/en.zcom/",a,"div-gpt-ad-MR_Story").setTargeting("type",b).addService(googletag.pubads());gptAdSlots.push(g);if(h!="MR_Story"){googletag.pubads().collapseEmptyDivs(true,true)}googletag.pubads().enableSingleRequest();googletag.enableServices();if((h=="PSB_Left")||(h=="mobile_psb_left")||(h=="PSB_Top")||(h=="mobile_psb_top")||(h=="PSB_Bottom")||(h=="mobile_psb_bottom")||(h=="PSB_Middle")||(h=="mobile_psb_middle")||(h=="leaderboard_home")||(h=="leaderboard_bottom_home")||(h=="mobile_leaderboard_home")||(h=="mobile_leaderboard_bottom_home")){setInterval(function(){googletag.pubads().refresh([g])},240000)}}catch(f){console.log("Error loading Ad banner "+h)}}); try{googletag.cmd.push(function(){googletag.display("div-gpt-ad-MR_Story")})}catch(e){console.log("Error displaying Ad banner "+bannerName)}; The second project is the desalination of 300 million cubic metres of water from Aqaba, to be transferred to Amman and the northern governorates, as part of the National Carrier Project, Shraideh noted. He also highlighted that Jordan is seeking to renew a request for the