PROJECT

Projects

Summary of Investment Information

Project Number

47924

Company Name

NATIONAL CARRIER PROJECT COMPANY

Date SPI Disclosed

Oct 17, 2025

Country

Jordan

Region

Middle East

Projected Board Date

Dec 18, 2025

Environmental Category

A - Significant

Status

Pending Signing

Last Updated Date

Feb 25, 2026

Department

Regional Industry INF MCT

Industry

Infrastructure

Previous Events

Approved : Feb 19, 2026

Sector

Water and Wastewater Utilities

Additional Project Attributes

Blended Finance
Public-Private Partnerships

Project Description

  The Project involves the design, financing, construction, operation, and maintenance of a seawater desalination and conveyance system from Aqaba to Amman (including renewable power generation facilities) in the Hashemite Kingdom of Jordan. It comprises of (i) a marine intake and outfall system and large-scale desalination plant located in Aqaba, (ii) a 438-km conveyance pipeline delivering desalinated water from the desalination plant in Aqaba to the cities of Aqaba and Amman, and (iii) a c.280 MW solar PV plant to cover part of its energy needs. The AAWDCP will be developed under a Public-Private Partnership on a Design-Build-Finance-Operate-Maintain-Transfer (“DBFOMT”) basis pursuant to a 30-year concession agreement between the Government of Jordan and the private project company. Upon completion of the concession term, the Project assets will be transferred to the Government.                              

Associated Advisory Engagement

 See IFC’s Role and Additionality.                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation