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€1.6 billion allocated to support the "Water Carrier" project in Jordan
The European Union announced its support for a water transfer and desalination project between Aqaba and Amman in Jordan, with funding of up to 1.6 billion euros. This initiative is being carried out in collaboration with the European Investment Bank, the European Bank for Reconstruction and Development, and EU member states, as part of efforts to bolster the economy and facilitate the transition to renewable energy. The project includes the construction of a desalination plant in Aqaba with a capacity of up to 300 million cubic meters per year, a water transfer system spanning 438 kilometers, and a solar energy system with a capacity of 281 megawatts. The funding also aims to support entrepreneurship, empower women and youth, and improve human capital. Additionally, a total of 3 billion euros has been allocated to Jordan between 2025 and 2027, encompassing grants, investments, and concessional loans, with the goal of improving the economic situation, boosting digital and security capabilities, and increasing the resilience of the economic system.
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