VOL. XL

No. 41

13-October-1997

JORDAN

EIB Lends Jordan $67Mn

The European Investment Bank announced on 9 October that it was lending a total ofECU60mn ($66.7mn) to Jordan in two tranches. The first ECU30mn ($33.3mn) will go towardsthe upgrading of Aqaba port and specifically the construction of a two-berth jettydesigned for the handling of bulk goods and container handling equipment. The secondtranche, also of ECU30mn, will go to the Industrial Development Bank of Jordan foron-lending to small...