US allocates billion for National Carrier
The National Water Carrier Project in Jordan aims to address the growing water crisis by designing and developing a seawater desalination plant and a water transfer system, in addition to a dedicated power generation station for the project. The total cost of the project is approximately $5.8 billion, with funding of $1 billion provided as a loan, $800 million in political risk insurance, and international grants totaling up to $663 million from various entities, including the United States and the European Union. The project is expected to help cover 75% of Jordan's projected water deficit by 2040, increase per capita water share from 60 to 110 cubic meters annually, and supply 40% of the country's water needs. The project also includes the construction of solar energy fields with a capacity of 300 MW to cover about 30% of the energy consumption. It is implemented under a Build-Operate-Transfer (BOT) system, with water pumping expected to commence in 2030, and full ownership will transfer to the government after 26 years of operation.
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