EIB provides a grant of EUR 16.3 million to improve water supply systems in Jordan

EIB provides a grant of EUR 16.3 million to improve water supply systems in Jordan

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The Government of the Hashemite Kingdom of Jordan and the European Investment Bank (EIB) have signed a grant agreement of EUR 16.3 million to support the implementation of the Deir Alla and Al-Karamah project.

The project, which received EUR 65 million of EIB financing last February, will improve water supply systems in Deir Alla and Al-Karamah districts in the Jordan valley and involves the construction of a centralised sewage collection and treatment network in Deir Al Alla district.

The grant, which comes under the Economic Resilience Initiative Fund (ERIF) and complements the EIB’s financing of the project, will contribute to improving water supply and sanitation services for more than 85,000 inhabitants in the Jordan Valley area.

“I am pleased to sign this grant agreement with the Jordanian government. We strongly support the government’s plans to improve access to drinking water and sanitation services. The Deir Alla and Al-Karamah project will improve people’s access to these services. We are providing this grant funding to support the implementation of the project thanks to our European donors who contributed to the Economic Resilience Initiative Fund,” commented Mrs. Flavia Palanza, EIB Director of Operations for Eastern and Southern Neighbourhood.

The EIB‘s support to the project will contribute to securing reliable and improved access to drinking water, which is also beneficial for health and agriculture, as well as to economic development and social stability in Jordan.

The project comes under the EIB’s Economic Resilience Initiative (ERI) designed to strengthen EU Southern Neighbouring countries’ ability to withstand shocks. The Deir Alla and Al Karamah project will have substantial benefits in terms of enhanced social infrastructure, regional development, and positive environmental impact.

Original source: EIB
Published on 17 October 2019