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FINANCIAL NEWS
Jordan to sign agreement with GCC countries via Saudi Arabia
18 May 2016
(MENAFN) Jordan will sign an agreement in the coming days with the GCC Interconnection Authority to join the Gulf Nations’ grid through Saudi Arabia.
Accordingly, this will be an essential deal for Jordan and will be trailed by many technical meetings in order to discuss more details of the project.
Additionally, the project is predicted to cost USD 239.01mn to USD 281.19mn, and will take one to two years to be finished.
However, the infrastructure with KSA is not ready yet for the interconnection and the project is forecasted to pay attention of that aspect.
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