VOL. XXXIX

No. 7

13-November-1995

JORDAN

AFESD Lends Jordan $85Mn For 'Aqaba Power Station Expansion Project

The Jordan Electricity Authority (JEA) has signed an $85mn loan agreement with the Arab Fund for Economic and Social Development (AFESD) to finance the construction of the third phase of the 'Aqaba Power Station's expansion project which entails the addition of a new thermal generator with a capacity of 130MW.

JEA's Director General, Mr. Muhammed Said 'Arafah told MEES that upon...