Mon, 2023-01-02 17:43 AMMAN: Jordan has signed a soft loan agreement with a European lender to help finance a mega $2.5 billion water-carrier project amid persistent shortages made worse by climate breakdown. The government agreed to the $213 million loan with the European Investment Bank, which will go towards a total $352 million state contribution to the National Water Carrier Project (Aqaba-Amman Water Desalination and Transport Project). The EIB loan has coincided with reports that Israel was intending to supply desalinated water to the West Bank, Gaza, and Jordan.Main category: Middle-East
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