Jordan launches 1-billion-dollar water project

Other News Materials 4 August 2008 02:37 (UTC +04:00)

(dpa)- Jordanian Prime Minister Nader Dahabi on Sunday launched a project for building a 335-kilometre water pipeline that was due to pump 100 million cubic metres of water annually from the Disi area near the Saudi border to Amman at an estimated cost of 1 billion dollars.

The project, due to be finished in 2012, will be implemented by a world coalition led by the Turkish firm, Gama, on the basis of a Build, Operate and Transfer (BOT) formula.

According to the agreement signed with the Jordanian government last September, the coalition will operate the project for 25 years before handing it over to Jordan.

"This strategic project represents a milestone along the path of ensuring water security and addressing the water shortage facing the country," Dahabi said.