Jordan: Jordan has signed the final technical and legal agreement for its national water carrier project, paving the way for financial close in July and construction to begin this summer.
According to Qatar News Agency, the project, valued at around $5.8 billion, aims to desalinate and transport 300 million cubic meters of water annually from the Gulf of Aqaba to regions across the country. This ambitious initiative seeks to address Jordan's long-term water shortages, a pressing issue for the nation.
Officials have indicated that the scheme will be delivered under a build-operate-transfer model, ensuring that full ownership returns to the government after 26 years. This approach allows for private sector involvement while ultimately securing public control over the essential infrastructure in the long term.
The project will be funded through a combination of international donors, private sector investment, and government contributions. This diverse funding strategy underscores the importance of collaborative efforts in tackling the nation's water crisis.
Authorities have also emphasized that the project will incorporate renewable energy in its operations, aligning with national targets to expand clean power generation. This integration of sustainable energy sources highlights Jordan's commitment to environmentally responsible development.