Five Colleges Financed by Abu Dhabi Fund for Development Inaugurated in Jordan

  • Date: 23-Mar-2022
  • Source: Eye of Riyadh
  • Sector:Financial Markets
  • Country:UAE
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Five Colleges Financed by Abu Dhabi Fund for Development Inaugurated in Jordan

Abu Dhabi Fund for Development (ADFD) participated in the inauguration of five colleges in Jordan, which were built with an ADFD funding of AED80.3 million (US$21.83m). The initiative is part of the Jordanian Public Universities Development Program that includes the implementation of 27 projects in the education sector at a total value of AED 466 million (US$126.87m) to boost the education sector.

 

ADFD funded projects in various strategic sectors such as energy, transport, water and agriculture, health, and education. These projects were financed from the AED4.6 billion ($1.25 billion) the UAE allocated to Jordan in 2012 as part of the Arab Gulf Program for Development (AGFUND) to support the Jordanian government's efforts towards sustainable socioeconomic development.