Dubai PR Network, Online Press Release from Dubai and Middle East
 
Infrastracture, Construction & Manufacturing(Real Estate & Retail)
Filter PR by
  
ADFD's AED320 Million Allocation to Amman Development Road Ensures Advancements in Infrastructure
 

His Excellency Mohammed Saif Al Suwaidi: New road network to encourage urbanization

Abu Dhabi-UAE: 12 January, 2017:  His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), attended the official opening of the Amman Development Road. The road network connects the capital with the surrounding cities, easing the movement of passengers and goods between Jordan and the countries of the GCC region. 

In line with the framework of the 2013 UAE government grant to the Gulf Development Fund valued at AED4.6 billion (US$1.25 billion), ADFD contributed AED320 million (US$87 million) – 50 percent of AED620 million (US$169 million) that is the total value of the project. 

His Excellency Imad N Fakhoury, Jordan’s Minister of Planning and International Cooperation, His Excellency Sami Halaseh, Jordan’s Minister of Public Works and Housing, His Excellency Bilal Al Bdour, UAE Ambassador to Jordan, and several Jordanian senior officials were present at the opening ceremony.

Praising the new development, His Excellency Mohammed Saif Al Suwaidi said: “the 48 km, Amman Development Road encourages sustainable urbanization of cities close to the capital, and links travellers and truckers with international routes.”  

He added: “One of many collaborations between the UAE and Jordan, this project is a clear demonstration of the strong historic ties our two governments enjoy. ADFD remains committed to funding key economic sectors in Jordan – specifically to develop, modernize and expand infrastructure.”

For his part, His Excellency Sami Halaseh highlighted the impact of the Road in reducing transportation costs, and improving access to agricultural and industrial areas. Furthermore, he commended the UAE government on its continued support of Jordan’s development agenda through ADFD’s strategy of long-term sustainable growth. 

Since 1974, ADFD has successfully funded 31 development projects in Jordan valued at approximately AED5.7 billion.

Posted by : Dubai PR Network Editorial Team
Viewed 9254 times
PR Category : Real Estate & Retail
Posted on : Thursday, January 12, 2017  10:21:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Gulf Craft Announces Partnership with Germany-based Yacht De...
Next Story : His Majesty King Abdullah II of Jordan Unveils ADFD's AED103...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Bourjois Healthy Mix [12578-Views]
Prada Luna Rossa Carbon [12474-Views]
Kids Get Groovy in COÉGA Sunwear Spring/Summer 2017 collection [11962-Views]
Bourjois: Blow a Kiss for Mother's Day [10370-Views]
Paul Marciano and Al-Futtaim Celebrate GUESS' 35 Year Anniversary with Spectacular Evening... [9486-Views]
Eco-Drive FD2033-52W: Elegant timepiece from Citizen [9479-Views]
Introducing NEW Olay Regenerist Microsculpting Cream SPF30 [9150-Views]
Elizabeth Arden: White Tea fragrance [7991-Views]
Elizabeth Arden: Eight Hour® Miracle Hydrating Mist [7729-Views]
Celebrate Life's Key Moments with Mouawad Jewelry [7723-Views]
Gucci Eyewear Spring/Summer 2017 [7570-Views]
Cocktail and Bridal Couture by International Brand Label based in Dubai, Kara by award-win... [7515-Views]
Are You Ready for World Class Pinoy at Max's? [7412-Views]
Kara by KK: Wedding Season - Fashion Product Placement [7100-Views]
Browz's Lip Blush Treatment is Perfecting the Pout [7033-Views]
Nautical & Floral Designs take center stage in the Max' Spring Collection 2017 [6893-Views]
A Homage to Cuba for Spring/Summer'17 by F&F [6875-Views]
Ulysse Nardin Jade “Grand Feu” [6783-Views]
Burberry Eyewear: His and Hers [6698-Views]
Doha Bank named ‘Best Trade Finance Bank' in Qatar at Global Finance Awards 2017 [6478-Views]
Clearly Corrective Brightening and Smoothing Moisture Treatment [6411-Views]
Lose the Back Pain at Work [6387-Views]
Danube Dubai Fashion League showcases stunning designs amidst UAE's fashion elite [6063-Views]
World's Best Family SUV – the All-New Land Rover Discovery Makes its Debut in the United A... [5844-Views]
IKEA Spreads Cheer on International Day of Happiness [5771-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories