Skip to content Skip to Search
Skip navigation

Jordan signs $121m loan deal to upgrade King Abdullah Canal

The work on King Abdullah Canal is part of a wider project to improve water efficiency in Jordan Creative Commons
The work on King Abdullah Canal is part of a wider project to improve water efficiency in Jordan

Germany’s KfW Development Bank has partnered with Jordan’s Ministry of Water and Irrigation to provide a €115 million loan ($121.73 million) towards the upgrade of the 65km northern part of King Abdullah Canal.

Water minister, Mohammad Najjar, who signed the deal with KfW Amman office director Mark Schwiete, said the project will pump 10 million cubic metres of water annually to 300,000 people and help reduce water loss and energy costs.

He said the water sector and the Ministry of Planning and International Cooperation are seeking more funding for further water projects, in a bid to boost the efficiency of water services in the kingdom.

The project will supply additional drinking water to several regions and irrigation water to the Jordan Valley.

In November last year, Jordan enhanced its commitment to reduce greenhouse gases to 31 percent by 2030, from 14 percent previously.

The government has worked hard to integrate the concept of sustainability into its internationally focused projects. A decarbonisation strategy was announced in August for Aqaba Container Terminal, billed as a “sustainable gateway to the Levant”, which aims to reduce its carbon footprint to net zero by 2040.

Latest articles

Lebanon EU aid

Lebanon to receive $1bn in financial aid from the EU

A financial aid package for Lebanon from the EU valued at more than $1 billion was announced on Thursday by the European Commission president, Ursula von der Leyen.  The money, most of which will be grants, will be made available over the next three years. Some will go towards helping to control the flow of […]

UAE minister of industry and advanced technology and Adnoc group CEO Dr Sultan Ahmed Al Jaber (top centre) will become chairman of AIQ

Presight takes majority stake in Adnoc-G42 AI venture

The data analytics company Presight is acquiring a majority stake in AIQ, a joint venture between Abu Dhabi National Oil Company (Adnoc) and G42. Under the agreement, Presight, an Abu Dhabi-listed company, will own 51 percent of AIQ, with Adnoc keeping the remaining 49 percent, a statement released on Wednesday said.  Previously, G42 held 40 […]

Saudi Arabia is looking to shift traffic to its railways to improve road safety and reduce carbon emissions from car usage

Passenger numbers on Saudi trains leap 23% in a year

Passenger traffic on Saudi railways rose 23 percent year on year to 2.7 million people in the first quarter of 2024, the state operator said this week, as the kingdom pushes to improve infrastructure before a 2030 deadline.  The railway system also saw a 9 percent rise in the volume of minerals and goods transported, […]