VOL. XLII
No. 22
31-May-1999
JORDAN
EIB Lends Jordan Euro 30Mn For Phosphate Mine
The European Investment Bank (EIB) is lending Euro 30mn($32mn) to Jordan to expand its existing phosphate production capacity throughthe development of the second phase of the Eshidya phosphate mine in thesoutheast of the country. According to a statement from EIB, the loan to theJordan Phosphate Mines Company (JPMC) will finance engineering supervision,supply, implementation and mine opening-up, as well as the...
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