Jordan, EBRD sign 30m-euro wastewater treatment plant financial agreement

Jordan, EBRD sign 30m-euro wastewater treatment plant financial agreement

AMMAN — The Ministry of Planning and International Cooperation and the European Bank for Reconstruction and Development (EBRD) on Sunday signed an agreement to finance a soft loan worth 30 million euros meant to cover part of the total value of the construction of a new wastewater treatment plant in Al Ghabawi region.

The total value of the project amounts to 60 million euros, including an EBRD loan of 30 million euros, in addition to an EU-grant of 30 million euros, to be signed later, according to a Planning Ministry statement. 

The loan agreement was signed by Minister of Planning and International Cooperation Nasser Shraideh and Regional Head of the Eastern Mediterranean region Philip ter Woort on behalf of the EBRD.