Jordan secures $112m loan to rehabilitate King Abdullah Canal

Jordan secures $112m loan to rehabilitate King Abdullah Canal
A general view shows a stretch of the King Abdullah Canal near the Jordanian border town of Shuna Shamalia. (File/AFP)
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Updated 19 December 2022
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Jordan secures $112m loan to rehabilitate King Abdullah Canal

Jordan secures $112m loan to rehabilitate King Abdullah Canal
  • Deal will fund climate protection project to cut water loss, energy costs

AMMAN: Jordan’s King Abdullah Canal will be rehabilitated through a €115 million ($112 million) loan from Germany’s KfW Development Bank, Jordan News Agency reported.

The agreement was signed on Monday by Jordanian Water and Irrigation Minister Mohammad Najjar and KfW Amman Office Director Mark Schwiete.

The loan will fund three sections of a climate protection project in the canal’s northern 65 km stretch. It will pump some 10 million cubic meters of water annually to 300,000 people while reducing water loss and energy costs.

The project will also provide water to several regions as well as irrigation water to the Jordan Valley.

Najjar said that Jordan’s Water and Irrigation Ministry is seeking additional funding for new projects that enhance water service efficiency “in light of exceptional circumstances and mounting challenges.”

The ministry previously said that the country’s irrigation resources provided about 90 cubic meters of water per person annually, below the international threshold of 500 cubic meters.