Abu Dhabi Fund commits $410M to Jordan
The Abu Dhabi Fund for Development has signed financing agreements totaling up to $410 million to support Jordan, including $300 million for the general budget and other developmental projects. Among the funded projects are the construction of five vocational and technical schools, with an estimated cost of approximately $40 million, and the supply of natural gas to industrial cities in Ma'an and Al-Mukhtaraq, with an investment of $70 million. The goal is to enhance industries, reduce energy costs, and stimulate the business environment. During the visit, officials emphasized the historic cooperation between the two countries and praised the fund’s role in supporting Jordan’s development and economic reforms over the past five years.
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