Middle East Economic Survey

VOL. LII

No 13

30-Mar-2009

Jordan

KFAED Lends Jordan $30Mn For Power Project

Under an agreement signed on 22 March in 'Amman, the Kuwait Fund for Arab Economic Development (KFAED) will lend Jordans National Electric Power Company (NEPCO) KD8.5mn ($30mn) to help finance the expansion of the 'Amman East substation project. The project, which consists of the construction, supply and installation of a 400kv substation, as well as two 132kv transmission lines, aims at...