Abu Dhabi – Mubasher: The Abu Dhabi Fund for Development (ADFD) has financed 31 projects worth AED 5.7 billion ($1.6 billion) in Jordan by the end of 2016, according to a statement.
The fund provided financing for 31 development projects that covered several sectors like mining, water and irrigation, transport, housing, agriculture, energy, education, and healthcare.
ADFD administrated projects, as part of the AED 4.6 billion ($1.25 billion) UAE grant to the Gulf Development Fund programme for Jordan in 2012-2017.
ADFD is also funding the $25 million expansion works of the King Hussein Cancer Centre, scheduled for completion by the end of 2017. The fund also donated about $200 million to fund the first phase of the expansion works of the King Hussein Medical City.
A $34 million project aims to build 85 new schools featuring modern science laboratories and advanced educational equipment, slated for completion by the end of 2017.
The fund provided $17 million for a project to increase the efficiency of irrigation systems and water conservation, which has now been completed.
ADFD funded a $49 million project that included the construction of two concrete dams, the Zarqa-Ma’een and Kufranjah dams, as well as a four-phase project worth $150 million to construct an environment-friendly solar photovoltaic power plant in the Al Quweira region.
Set for completion in September 2017, a $210 million project will provide storage units to maintain a reserve of petroleum products sufficient for 60 days of domestic consumption across Jordan. A $33 million project that aims to meet Jordan's liquefied petroleum gas (LPG) needs has now been completed.
The fund allocated $186 million for a project to develop 15 roads, of which 12 have been completed and the remaining three are near completion.
