PM Receives Abu Dhabi Fund Chief as UAE Commits $110M for Education, Energy Projects in Jordan
Amman, Aug. 26 (Petra) – The Abu Dhabi Fund for Development will finance vocational and technical education and energy projects in Jordan worth $110 million, in addition to providing $300 million in new concessional financing to support the Kingdom's general budget.
The funding was announced Wednesday during a meeting between Prime Minister Jafar Hassan and Abu Dhabi Fund for Development Director General Mohamed Suwaidi, who is visiting Jordan to sign agreements related to the new financing.
The projects include the construction of five vocational and technical schools in Amman, Mafraq, Jerash and Irbid at a cost of about $40 million, supporting the government's strategy to expand vocational and technical education.
The fund will also provide $70 million to supply Rawda Industrial City in Ma'an and Muwaqqar Industrial City with natural gas.
Studies are also underway to extend financing for a project to supply the King Hussein Bin Talal Development Area in Mafraq with natural gas.
The projects are part of the government's plan to supply industrial cities and clusters with natural gas to support the industrial sector, reduce energy costs, improve the business environment, and enhance the competitiveness of Jordanian products in local and international markets.
During the meeting, Hassan highlighted the deep-rooted relations between Jordan and the United Arab Emirates and the progress achieved in joint economic and development projects. He also commended the UAE's support for Jordan's development efforts and the Abu Dhabi Fund's role in financing strategic projects in the Kingdom.
Suwaidi, for his part, highlighted the longstanding partnership between the two countries and the fund's continued support for Jordan's development priorities and national plans.
Over the past five years, the Abu Dhabi Fund for Development has provided Jordan with nearly $1 billion in aid and grants for projects in education, energy, digital transformation at the Ministry of Health, and development of land adjacent to the Baptism Site.
//Petra// AJ
