• Saudi Electricity Company plans to add 30GW of capacity Administrator

    13 June 2024

    Riyadh-headquartered utility Saudi Electricity Company (SEC) is understood to be looking at developing approximately 30,000MW of gas-fired capacity within and outside Saudi Arabia. 

    SEC in 2022 completed divesting its full interest in the principal buyer, Saudi Power Procurement Company (SPPC), which has enabled it to bid for contracts to develop and operate power generation plants, in addition to operating the kingdom's power transmission and distribution network.

    Related read: Saudi energy restructuring gains momentum 

    According to industry sources, SEC has booked in advance some 30GW of gas turbine capacity with the industry's leading original equipment manufacturers (OEMs) in anticipation of domestic and overseas demand for gas-fired generation power plants.

    One of the sources said potential projects in Saudi Arabia will be developed through a bilateral agreement with SPPC and potentially in partnership with Saudi utility developer Acwa Power. 

    MEED understands SEC and SPPC have appointed a financial adviser to support the development of these future projects.

    A team comprising SEC and Acwa Power bid and won the contracts to develop and operate the Qassim 1 and Taiba 1 independent power projects last year. Each plant has a capacity of 1,800MW. The two projects are valued at SR14.6bn ($3.9bn).

    A team that includes SEC is also expected to bid for the contracts to develop the Remah 1 and 2 and Nairiyah 1 and 2 gas-fired IPP projects being tendered by SPPC. 

    Ratings upgrade

    On 24 May, Fitch Ratings upgraded SEC's ratings from A to A+, aligning it to be on par with the national sovereign rating.

    SEC said: "The upgrade recognises SEC’s stable financial profile which is secured by the conversion of SR168bn of SEC's liabilities into equity-like instruments, the company’s leverage headroom and strong cash flow visibility, and its crucial role in KSA's energy plans".

    It added that the upgrade "was driven by….SEC’s robust decision-making, strong government support, and alignment with national policy".

    "The government’s 81% ownership, strategic oversight and SEC's key role in Saudi Arabia's decarbonisation efforts underscore this support."

    Notably, in April, the Japan Bank for International Cooperation (JBIC) signed a memorandum of understanding with SEC to strengthen their partnership.

    JBIC said the MoU entails developing solutions to support SEC’s future projects through investments by Japanese companies, the introduction of Japanese products and technologies, and the provision of financial support.

    Six-year capex

    Last month, MEED reported that SEC was planning a SR472bn ($126bn) capital expenditure programme over the next six years to enhance the kingdom’s power generation, transmission and distribution infrastructure and to meet future demand growth.

    The largest component of this spending drive is the transmission sector, with a planned investment requirement of SR351bn. A total of SR116bn is envisaged for the distribution sector.

    A mere SR6.2bn is dedicated to power generation projects. This comparatively low amount is due to most new electricity production plants now tendered by SPPC under the kingdom’s public-private partnership (PPP) framework.

    Related read: Saudi Arabia plans two new gas-fired power plants

    Jennifer Aguinaldo
  • Gaza conflict tests UAEā€“Israel ties Administrator

    13 June 2024

    The stance of the UAE towards Israel has cooled dramatically in the past eight months amid the conflict in Gaza, which is proving to be a major test of the partnership built between Abu Dhabi and Tel Aviv.

    From boasting of warm and open trade dealings, the UAE has gone quiet on its business deals with Israeli partners while on a political and diplomatic level the humanitarian tragedy in Gaza has increasingly drawn condemnatory statements from UAE officials.

    It is a twist in developments that neither country could have foreseen, as nor indeed had Saudi Arabia, which was nearing its own normalisation agreement with Israel. It has also taken a bilateral strategic partnership long in the making into uncertain territory.

    Long-term partnership

    The 2020 Abraham Accords that normalised relations between the UAE and Israel came at the tail end of at least a decade’s worth of interaction between the two countries that emerged first and foremost as a set of shared strategic interests in opposition to regional threats in the early 2010s.

    In a very tangible interaction in 2016, pilots from the UAE and Israel for the first time participated together in aerial combat training exercise hosted by the United States Air Force (USAF) in Nevada.

    The UAE’s relationship with Israel also intersects with its relationship with the US, including its hope of securing access to advanced US military technology and assets, such as the F-35 Stealth Fighter Jet.

    In September 2020, UAE Foreign Ministry spokesperson Hend Al-Otaiba stated that a request for the F-35 had been made six years back, and that: “Given that the UAE intends to be a partner to Israel, and already has a deep strategic partnership with the US, we are hopeful the request will be granted.”

    While the sale of the F-35 by the US to the UAE has not yet materialised, relations between the UAE and Israel have nonetheless thrived on their own since the accords on the basis of ongoing shared security interests and the opportunities for business, trade and investment between the two countries.

    Since 2020, the value of trade between the UAE and Israel has swollen to around $3bn annually, and defence ties have only strengthened. In 2022, Israel supplied the UAE with air defense systems after long-range attacks on UAE oil infrastructure by the Iran-aligned Houthi movement in Yemen.

    Israel-Palestine problems

    It was as early as June 2023 however, that US secretary of state Antony Blinken first warned that rising tensions in Palestine and Israel’s actions in the West Bank could imperil the process of normalisation.

    With the advent of the war in Gaza, those fears of a damaging escalation in tensions have been realised.

    As the conflict erupted in October, the UAE kept its distance and restricted itself to only the most limited commentary on the conflict, condemning the “serious and grave escalation” by Hamas-led militants while calling for the full protection of all civilians under international humanitarian law.

    By November, as the violence in Gaza ratcheted up, Abu Dhabi similarly affirmed its commitment to the accords even as individual UAE officials publicly condemned Israel’s actions and called for an end to the violence, pushing for a ceasefire, humanitarian aid and the release of hostages.

    Anwar Gargash, a diplomatic adviser to the president, labelled the conflict a “profound setback” for the region, and stressed that the tragic course of events should lead to a political re-engagement on the issues of realising a two-state solution with East Jerusalem as its capital.

    The close working relationship between the UAE and Israel nevertheless continued, as evidenced by Israel’s acquiescence to Abu Dhabi’s humanitarian efforts in Gaza, which have included the UAE setting up a field hospital and performing aerial aid drops in the territory.

    The long grind of the conflict and the increasing inflexibility and intransigence on ceasefire negotiations by Israeli Prime Minister Benjamin Netanyahu have nevertheless steadily eroded this early good will.

    While in early January, Gargash affirmed that the normalisation agreement was “a strategic decision, and strategic decisions are long-term”, by late January, senior UAE officials were ringing alarm bells.

    Four months on, speaking at the Arab Media Forum in Dubai in late May, Gargash lambasted the conflict in Gaza as having taken on “brutal and inhuman dimensions”, stating that the “heinous attack in Gaza and Rafah cannot be overlooked” – a far more critical in tone than his earlier conciliatory speak.

    Unreliable partner

    On the international stage, the disinclination of the Israeli government to listen to any of its key allies or partners has been trying for all, including the US. For Israel’s normalised partners in the Middle East, the conflict has underscored the tension between the Abraham Accords and underlying regional sentiments.

    The UAE’s own founding father Sheikh Zayed was an ardent personal supporter of the Palestinian cause, and under his watch, the UAE was one of the first states to recognise Palestine as an independent state.

    In the present, the humanitarian catastrophe in Gaza is drawing the competing influences of the UAE’s contemporary strategic interests and underlying sympathy for the Palestinian people into stark relief, and it is having a chilling effect on relations.

    Public announcements in the UAE of deals with Israeli companies, which abounded before the conflict, have evaporated, and at least one very public deal has been put on hold amid the uncertainty.

    The Abu Dhabi National Oil Company (Adnoc) had been due to take a $2bn stake, alongside the UK’s BP, in Israeli gas producer NewMed, which holds a 45% of Israel’s Leviathan offshore gas field.

    In mid-May, Netanyahu suggested that the UAE could be involved in the governance of Gaza – drawing a swift rejection from UAE Foreign Minister Sheikh Abdullah Bin Zayed Al-Nahyan, who stated: “the UAE refuses to be drawn into any plan aimed at providing cover for the Israeli presence in the Gaza Strip.”

    The episode was a stark demonstration of the breakdown in communication and diplomatic alignment between Abu Dhabi and Tel Aviv, and its joins a wider pattern of reports that UAE officials are already looking beyond Netanyahu and cultivating relations with his potential successors.

    On 5 June, the UAE’s Foreign Minister Sheikh Abdullah again condemned the Israeli government after it allowed the divisive annual ‘Flag March’ of Israeli settlers through Jerusalem’s old city, as well as settler activism in the Al-Aqsa Mosque compound, despite the extraordinarily heightened tensions over Gaza.

    For UAE–Israel ties to thrive, Abu Dhabi needs a government partner in Tel Aviv that it can work with on a productive basis to safeguard interests between the two countries while avoiding diplomatic affronts.

    Unfortunately for the UAE, the current Israeli government – with the far-right ministers that Netanyahu has brought into cabinet – has had a habit of proving itself to be the very antithesis of such a partner.

    Looking ahead, it could be a long road for UAE–Israel ties to return to resembling their halcyon state in 2021-2022, and it will take a government in Israel under someone other than Netanyahu to get there.
    John Bambridge
  • Saudi Arabia plans two new gas-fired power plants Administrator

    12 June 2024


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    Saudi Power Procurement Company (SPPC) has invited companies to bid for the transaction advisory contracts for its next gas-fired independent power projects (IPPs).

    According to an industry source, the Saudi principal buyer has received bids for the financial, legal and technical consultancy roles for the Al-Rais and Riyadh 16 IPPs.

    The Al-Rais IPP will have a capacity of 2,400MW while the Riyadh 16 IPP has a planned capacity of 3,600MW.

    Since 2022, SPPC has procured two batches of combined-cycle gas turbine (CCGT) schemes.

    Qassim and Taiba IPPs

    SPPC awarded contracts to develop the Qassim 1 and Taiba 1 and the Qassim 2 and Taiba 2 IPPs last year.

    A consortium comprising Riyadh-based Saudi Electricity Company and Acwa Power signed the 25-year power-purchase agreements with SPPC to develop and operate the Qassim 1 and Taiba 1 IPPs on 13 November. Each plant has a capacity of 1,800MW. The two projects are valued at SR14.6bn ($3.9bn).

    A team comprising the local Jomaih Energy & Water, France’s EDF and the local Buhur for Investment won the contract to develop the 1,800MW Qassim 2 and 1,800MW Taiba  2 IPP schemes.

    Each project will be developed on a build-own-operate basis by the winning consortiums, which will be 100% owned by the successful bidders.

    Remah and Nairiyah IPPs

    Meanwhile, the final consortiums of bidders are being formed for the contracts to develop and operate the Remah 1 and 2 and Nairiyah 1 and 2 IPPs, as MEED previously reported.

    Bids for the contracts are due on 30 June, although SPPC is understood to be reviewing whether an extension is necessary.

    Remah 1 and 2, previously known as PP15, will be located in Saudi Arabia’s Central Region, while Nairiyah 1 and 2 will be in the Eastern Region. Each IPP will have a capacity of 1,800MW.
    Jennifer Aguinaldo
  • Kuwait receives South Sabah Al-Ahmed housing bids Administrator

    12 June 2024

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    Kuwait's Public Authority for Housing Welfare (PAHW) has received bids from contractors for a tender covering the infrastructure development works at its South Sabah Al-Ahmed township project in Kuwait's Al-Asimah Governorate.

    The contract includes the infrastructure works for 6,568 residential units in neighbourhoods N1, N2, N3 and N11.

    The tender was issued on 31 March and the bids were submitted on 10 June.

    The bidders include:

    • Avic International Holding Corporation (China) ($293m) 
    • Sinohydro Corporation (China) ($317.4m)
    • Mohammed Abdul Mohsen Al-Kharafi & Sons (Kuwait) ($329m)
    • Kuwait Factories Construction & Contracting Company (Kuwait) ($363.4m)
    • China State Construction Engineering Corporation (China) ($373.9m)
    • Combined Group Contracting Company (Kuwait) ($385.1m)
    • Al-Ghanim International (Kuwait) ($415.1m)
    • United Gulf Construction Company (Kuwait) ($460.4m)
    • Bayan National Construction Contracting Company (Kuwait) (undisclosed)

    UK-based Foster + Partners designed the masterplan for the South Sabah Al-Ahmad township project. The scheme includes constructing a residential development with over 11,000 housing units.

    The South Sabah Al-Ahmad project covers an area of 6,150 hectares and is located 70 kilometres south of Kuwait City.

    In May, PAHW awarded two contracts worth over $550m for the development of roads and infrastructure at the South Sabah Al-Ahmed township project.

    The first contract, for the roads and infrastructure networks for 7,623 residential units in the N5, N7, N9 and N10 neighbourhoods, was awarded to Beijing-headquartered China State Construction Engineering Corporation. The contract is valued at KD93m ($304m).

    The other contract, for the roads and infrastructure networks for 6,189 residential units in the N4, N6 and N8 neighbourhoods, was awarded to Sinohydro Corporation. The contract is valued at KD78m ($255m).

    Kuwait construction market

    According to data from regional projects tracker MEED Projects, the construction sector has $7.8bn of projects under execution, making it the second-largest sector in Kuwait after transport in terms of projects under execution. 

    The largest subsector in terms of work under execution is mixed-use, with $29bn-worth of work under way, followed by residential with $11.1bn. 

    PAHW is the largest single client in construction, with $1.8bn-worth of projects under construction.

    About $49.5bn-worth of construction projects are in the pre-execution phases of development in Kuwait. The majority of the upcoming construction projects are in the design phase, followed by the study, bid evaluation and main contract prequalification stages.
    Yasir Iqbal
  • Morocco extends wind farms prequalification Administrator

    12 June 2024

    The Moroccan Agency for Sustainable Energy (Masen) has extended by one month the final day for interested companies to submit their statements of qualifications for a contract to develop and operate new onshore wind farms in the North African state.

    The 400MW Nassim Nord wind power programme includes two wind farms. The first is a 150MW extension to the existing Nassim Koudia Al-Baida wind park in the Fahs Anjra and Mdiq-Fnideq provinces.

    The second scheme, Nassim Dar Chaoui wind park, will be located in the provinces of Tangier and Tatouiane and will have a capacity of approximately 250MW.

    According to an industry source, Masen extended the prequalification submissions from 24 June to 24 July.

    The project will be implemented under a 30-year power-purchase agreement between Masen and the project company, which will include the successful bidder.

    Masen, either alone or with a Moroccan public entity, will take a 35% stake in both the project company and the operation and maintenance (O&M) company that will be formed for the project.

    Masen is expected to issue the request for proposals for the Nassim Nord wind projects in September, as MEED earlier reported.

    Owned by Masen and France's EDF Renewables, the Nassim Koudia Al Baida scheme is Morocco's first wind independent power producer (IPP) project, which had an initial capacity of 50MW.

    In 2022, additional financing from the  European Bank for Reconstruction and Development (EBRD) and Climate Investment Fund (CTF) aimed to double the plant's capacity, 

    2030 target

    Morocco has set a target for 52% of its energy to be produced from clean energy sources by 2030, one of the most ambitious targets in the Middle East and North Africa region.

    Morocco aims to bring its renewable capacity to 10,000MW by 2030. Of the total, solar PV is expected to account for 4,500MW, wind for 4,200MW and hydroelectric for 1,300MW.
    Jennifer Aguinaldo
  • Oman seeks interest in old airport terminal PPP Administrator

    12 June 2024

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    Oman Airports Management Company has issued an expression of interest (EoI) notice to redevelop the old terminal building at Muscat International airport.

    The contract covers the redevelopment, operation and management of the terminal building on a build-operate-transfer basis.

    The notice was issued on 11 June and the deadline for submission is 9 July.

    The companies participating in the EoI round will be qualified to participate in the request for proposal process in the next round.

    Earlier this year, Naif Al-Abri, chairman of the Oman Civil Aviation Authority, said: "The old Muscat airport terminal building will be redeveloped as a multi-purpose facility, with plans to convert it into an aviation museum that will showcase the history of aviation of the country.”

    In 2020, Oman announced its National Aviation Strategy 2030, which aims to attract an investment of $3.6bn in airport cities over 20 years.

    The country plans to expand its navigation infrastructure and open the sector to private international investors by granting concessions for managing and operating local airports and aviation-related services.

    Oman's aviation sector has demonstrated positive growth and recovery, according to GlobalData.

    A recent report by the National Centre for Statistics and Information shows that airports in Oman have witnessed a significant increase in inbound and outbound passenger numbers.

    The total number of passengers travelling through airports in Oman by the end of January 2024 increased by 21.6% to reach 1.4 million, compared to 1.1 million by the end of January 2023.

    This data reflects the resilience and rebound of the aviation sector in Oman, indicating a recovery in travel and tourism activities.
    Yasir Iqbal
  • Saudi Arabia seeks firms for Rub Al-Khali power plant Administrator

    12 June 2024

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    Saudi Arabia's Zakat, Tax & Customs Authority (Zatca), in collaboration with the National Centre for Privatistion & PPP (NCP), has invited companies to prequalify for a contract to develop a hybrid power plant at the Empty Quarter (Rub Al-Khali) land port.

    The project aims to reduce the use of diesel fuel by using renewable energy, and to ensure long-term power supply at the Empty Quarter land port.

    According to Zatca, the project will be implemented in partnership with the private sector under a design, build, finance, operate, maintain and transfer contract model for 25 years in addition to the construction period.

    In addition to building and operating the power plant, the project scope includes ensuring that the facility operates to defined requirements and output specifications and managing the power generation and the connection to the Zatca interface point for the entire project term.

    The deadline for companies to submit their prequalification applications is 21 July.

    This is the latest project announced by Zatca and the NCP. Other projects include the development of water and sewage treatment plants and residential buildings at several land ports in the kingdom.
    Jennifer Aguinaldo
  • Contractor appointed for $122m Dubai hospital Administrator

    12 June 2024


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    Dubai-based contracting firm General Construction Company has been appointed as the main contractor for Prime Heart & Lung Hospital in Dubai Healthcare City.

    The estimated $122m hospital will be a nine-storey building with a built-up area of over 33,000 square metres.

    Local firm Lacasa Architects & Engineering Consultants has replaced Stantec as the project consultant.

    The project is being developed by UAE-based Prime Healthcare, which broke ground on the facility in December 2022.

    The project was put on hold after initial piling works, which were undertaken by Dubai-headquartered Stromek Emirates.

    The construction works have resumed on the site.

    According to an official statement, the hospital will have three specialised centres dedicated to cardiology, pulmonology and oncology.

    The heart centre will offer a range of invasive and non-invasive diagnostic procedures, as well as interventional procedures for coronary artery disease, valve disorders, structural heart disorders and arrhythmias. 

    The lung centre will address all aspects of the diagnosis, management and treatment of respiratory conditions. 

    At the Marie Curie cancer institute, patients will have access to a comprehensive cancer care system.

    GlobalData expects the construction industry in the UAE to expand by 4.6% in real terms in 2024, supported by improved investments in transport, industrial and residential construction projects. The industry’s growth in 2024 will also be supported by private-sector investments in the real estate sector. 

    The institutional construction sector is expected to grow in real terms by 4% in 2024 and register an annual average growth rate of 3.3% in 2025-28, supported by investments in healthcare and education building projects.
    Yasir Iqbal
  • Feed contracts awarded for Abu Dhabi chemicals plants Administrator

    11 June 2024

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    Front-end engineering and design (feed) contracts have been awarded for three chemicals production plants that will be built in the Taziz Industrial Chemicals Zone in Abu Dhabi’s Ruwais.

    Germany-headquartered Thyssenkrupp Uhde has won feed contracts for an ethylene dichloride (EDC) plant and a chlor-alkali plant, according to sources.

    France-based Technip Energies has won the feed contract for a polyvinyl chloride (PVC) facility, sources told MEED.

    The three planned chemicals plants are part of a scheme known as Project Salt. It is among the main investments in the first phase of development for the upcoming petrochemicals derivatives complex by Taziz.

    Taziz – a 60:40 joint venture of Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi’s industrial holding company ADQ – first announced the EDC, chlor-alkali and PVC plants in December 2021. India’s Reliance Industries was named as the main investor in the chemicals plants at the time.

    Reliance is understood to have pulled out of Project Salt and has been replaced by ChemOne, the sources further said.

    Taziz Industrial Chemicals Zone

    Since 2021, Taziz has attracted investments from several foreign investors for its planned chemicals projects in the under-construction Taziz Industrial Chemicals Zone in Ruwais.

    In addition to the three chemicals plants planned under Project Salt, a joint venture of UAE-based Fertiglobe, South Korea’s GS Energy Corporation (GS Energy) and Japanese investment firm Mitsui & Company (Mitsui) have invested in a “world-scale” blue ammonia production facility in the Ruwais derivatives complex.

    The joint venture recently awarded the construction contract for the 1 million-tonnes-a-year blue ammonia facility to Tecnimont, after having awarded the engineering and procurement contract to the Italian contractor in February last year.

    Separately, Taziz and Switzerland-based energy and chemicals company Proman also signed a shareholder agreement for a planned methanol project in January last year. The two companies initially announced the planned project in March 2022.

    MEED recently reported that contractors were preparing technical bids for the planned methanol plant, which will be the UAE’s first. The projected production capacity of the methanol complex is 5,000 metric tonnes a day, or 1.8 million metric tonnes a year.

    In December 2021, Taziz secured agreements from eight UAE-based entities for investments in its planned chemicals projects in Ruwais. The agreements marked the first domestic public-private partnership in Abu Dhabi’s downstream oil and gas and petrochemicals sector.

    ALSO READ: Abu Dhabi launches next Taziz phase

    Regarding infrastructure to support units in the chemicals production zone, Adnoc has signed an agreement with Abu Dhabi National Energy Company (Taqa) to develop a cogeneration power facility in Ruwais.

    Separately, Netherlands-based VTTI has recently received commercial bids from contractors for a project to build a chemicals handling and export terminal at the Taziz Industrial Chemicals Zone – a scheme known as Project Landing.

    Taziz has planned seven petrochemicals derivatives projects as part of the first phase of its industrial chemicals zone, which are:

    Anchor product



    Water treatment, metallurgy and textiles

    Ethylene dichloride

    Housing, infrastructure and consumer goods

    Maleic anhydride

    Piping, construction and heavy transport


    Energy, consumer goods and pharmaceuticals

    Blue ammonia

    Agriculture, apparel and energy

    Isopropyl alcohol

    Healthcare and cosmetics


    Automobiles, adhesives, food production and storage

    Chemicals production is a priority sector for Operation 300bn, the UAE’s industrial growth strategy.

    The industrial strategy is being overseen by the Industry & Advanced Technology Ministry, which aims to raise the UAE industrial sector’s contribution to the national GDP to AED300bn ($81.7bn) by 2031.

    ALSO READ: Taziz signs up tenants for light industrial cluster
    Indrajit Sen
  • Jordan Irbid wastewater project secures financing Administrator

    11 June 2024

    Water Authority of Jordan (WAJ) has secured a financing package totalling $30m for a wastewater treatment plant project in West Irbid.

    The European Bank for Reconstruction and Development (EBRD) said it signed an agreement with Jordan’s Ministry of Planning and International Cooperation to extend a project financing package to the WAJ.

    The package consists of:

    • an EBRD loan of up to $19m
    • an investment grant of $8m  from the UK government under the High-Impact Partnership on Climate Action
    • and a €2.75m investment grant from the EU under its Neighbourhood Investment Platform

    According to the EBRD, the funding will help provide essential wastewater services and connections to communities and refugees in Jordan's West Irbid region.

    "The financing will contribute to the construction of a new and efficient wastewater treatment plant in the area of West Irbid to complement the wastewater networks financed by the EBRD in 2018," the bank said.

    Once completed, the new facility will be able to treat 12,000 cubic metres a day, enhancing the quality and treatment of wastewater in the West Irbid region.

    It will provide sanitation services to surrounding towns for the first time and serve both local communities and refugees who have settled in the area.

    Jordan is among the top 10 water-stressed nations globally, facing severe water scarcity challenges, a growing population and a significant influx of refugees.

    According to EBRD, the city of Irbid is a significant hub of agriculture and economic activity but lacks sustainable water solutions.

    The funds will be accompanied by a comprehensive technical cooperation package by the EBRD to support project preparation and implementation.

    A further technical cooperation programme will be provided to assist the WAJ in introducing inclusive procurement practices, fostering capacity building and providing on-the-job training opportunities for underserved groups, including youth, women and people with disabilities.

    Other wastewater treatment plant projects are under way in Jordan.

    In February last year, the kingdom's Water & Irrigation Ministry and the local firm Arab Towers Contracting Company signed an agreement worth €79.5m for the design and implementation of a wastewater treatment plant in the Ghabawi region.

    EBRD agreed to provide €41.3m loan while the EU agreed to provide a €30m grant for that project.
    Jennifer Aguinaldo