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FINANCIAL NEWS
EU to invest USD 6.68mn in Jordan Valley project
18 Feb 2016
(MENAFN) The Water Ministry and the German Development Bank (KFW) signed an investment deal for the “Irrigation in the Jordan Valley” project, with USD 6.68mn.
Furthermore, the project will finance a pipeline for reclaimed water to help farmers in the Northern Jordan Valley to safely use domestic water for irrigation purposes.
The project will be achieved by moving bulk reclaimed water from two sources to farm turnouts; one will be reclaimed from Irbid area and the second from the Greater Amman area.
Additionally, the investment needs the building of a 9km pipeline for reclaimed water with a diameter of almost 600mm between Turnout 24 of the King Abdullah Canal.
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