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EBRD Opens Jordan Office and Plans to Double Investments
The European Bank for Reconstruction and Development is opening a new office in Amman. Its total investments in Jordan have reached €2.468 billion through 91 projects since 2012, with a strong focus on supporting project financing and developing the capital market. The bank expects to double its investments over the coming year. It is currently involved in funding large-scale projects, such as the National Water Carrier project, and plans to expand its issuance of green and blue bonds to support environmental and water projects, as part of its efforts to promote a sustainable, private sector-driven economy.
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