Release date: 5 November 2008
Promoter – Financial Intermediary
The public promoter is the Ministry of Water and Irrigation (acting through the Water Authority of Jordan). The concession for the implementation of the project was awarded to a private company, Gama Enerji A.S.
Location
Description
A Design Build Finance Operate and Transfer concession to put in place a new well field and a conveyor system including a 325 km pipeline running south-north in the Kingdom, with the objective of providing 100 million m3 of potable water annually, exclusively drawn during the concession period from the Disi Aquifer, mainly for the Greater Amman region.
Objectives
The project aims at improving water supply infrastructure in order to address the water scarcity issue, an important natural constraint to Jordan’s economic growth and development.
Sector(s)
Proposed EIB finance (Approximate amount)
To be determined.
Total cost (Approximate amount)
Up to USD 1100 million including contingencies.
Environmental aspects
The project has been subject of environmental procedures and assessments in line with national legislation and the regulations of major project lenders. The Environmental and Social Assessment established in 2004 was reviewed and updated in 2008.
Procurement
The company Gama Enerji A.S. has been selected on the basis of international competitive bidding in line with national legislation, and acceptable to EIB. EPC and O&M agreements are being established.
Status
Signed - 15/05/2009
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).