{"id":57726,"date":"2021-12-28T00:00:00","date_gmt":"2021-12-28T00:00:00","guid":{"rendered":"http:\/\/jordannewsgazette.com\/?guid=b54d2848d69a04ce109678c2309100cf"},"modified":"2021-12-28T00:00:00","modified_gmt":"2021-12-28T00:00:00","slug":"ministry-looking-for-water-carrier-project-financiers","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/ministry-looking-for-water-carrier-project-financiers\/","title":{"rendered":"Ministry looking for water carrier project financiers"},"content":{"rendered":"
The government is trying to find funding for a multi-billion-dollar project to build a water conveyor that will carry desalinated sea water from the Gulf of Aqaba to Amman and other governorates across the kingdom, Minister of Water and Irrigation Muhammad al-Najjar said Tuesday.<\/P>
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The minister told a symposium organized by the Association of Banks in Jordan that the search targets Jordanian investors and local banks, indicating that so far, $500 million has already been secured through grants and aid to finance the National Water Carrier Project, which is expected to cost $2.5 billion.<\/P>
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In this context, Najjar stressed the importance of Jordanian institutions and banks in financing national projects without resorting to external borrowing, stressing that the government will guarantee the financing.<\/P>
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SOURCE: JORDAN NEWS AGENCY<\/P>
<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"
The government is trying to find funding for a multi-billion-dollar project to build a water conveyor that will carry desalinated sea water from the Gulf of Aqaba to Amman and other governorates across the kingdom, Minister of Water and Irrigation Muha…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"yoast_head":"\n