Minister of Water and Irrigation, Mohammad Najjar, announced the ministry holds weekly meetings to start implementing Jordan’s “National Water Carrier” project, with a capacity of 130 million m3 annually.
Speaking at a a meeting with Lowe House Agriculture and Water Committee on Sunday, headed by MP Mohammad Alaqma, Najjar said part of the project funding will be through grants, while discussions are underway with Association of Banks to finance the project, in addition to publicly offering shares similar to companies previously established like the Jordan Petroleum Refinery Company Ltd (JPRC), which is on Amman Stock Exchange (ASE) listing.
The project, estimated at a cost of JD2 billion, will help shut down “useless and deep” water wells drained for many years, which will positively affect the agricultural sector, he pointed.
Locally, there are complaints about fresh water shortages in the Kingdom’s governorates, with the exception of Aqaba, he noted.
Source: Jordan News Agency