Jordan considers bonds for As Samra expansion
- From: Vol 11, Issue 12 (December 2010)
- Category: General
- Region: Middle East
- Country: Jordan
- Related Companies: Arab Bank, Jordanian Ministry of Water and Irrigation, Millennium Challenge Corporation and Samra Project Company
Jordan is keen to reduce its reliance on development funds. Could a project bond issue for its largest wastewater plant provide the solution?
When the As Samra wastewater treatment plant was tendered as a BOT in 2001 – the first use of the model in Jordan – it was welcomed as a sign of the increasing role for private finance in the country. Nearly a decade on, the government is looking at ways to fund a sorely needed upgrade to the biggest WWTP in the ...
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