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 13298 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
Meet the FOREO family as they share their top tips for radiant skin during the holy month [14969-Views]
Do Explore More with Pandora [9748-Views]
Care for your baby's sensitive skin with Corine de Farme [9559-Views]
Caudalie The Cleansing Collection [8760-Views]
Ramadan-Inspired Sandro SS18 Pieces [8461-Views]
Charlotte Tilbury, the World's #1 Celebrity Makeup Artist, Announces the Opening of Her Fl... [8400-Views]
MAC - Prep + Prime Fix + [8388-Views]
Marchon Eyewear New Collections [8052-Views]
Lexus sweeps two podium finishes at round two of 2018 AUTOBACS SUPER GT 500 series [7845-Views]
Glambeaute.com's Special Ramadan Beauty Packs [7485-Views]
‘Tree of Life' Continues to Change Lives at Arabian Center, This Ramadan [7119-Views]
Ethereum - Second In A Series Of Exclusive Cryptocurrency Watches Launched [7046-Views]
1st Edition of Cannes International Film Festival From May 8 to 19, 2018 [6558-Views]
White Man & Woman Focuses on Innovation and Sustainability With Patagonia at White Street ... [6509-Views]
Pick what suits you from essence Spring/Summer 2018 nail polish collection [6374-Views]
Breitling's Navitimer 8 Collection Arrives in The Middle East [5996-Views]
Stay connected with your loved ones this Ramadan season with the Nokia smartphones [5893-Views]
Elvis Presley's OMEGA Sells for a World Record CHF 1,500,000 at Auction [5886-Views]
Get Your Nails Summer Ready with FC Beauty [5801-Views]
Hour Choice Presents Coach Perry Collections – Ramadan Exclusive [5777-Views]
du Helps You Stay Connected this Ramadan with Exclusive Offers Throughout the Holy Month [5758-Views]
Aru Impressed with Team Spirit as Italian Champion Secures Top Ten Finish [5673-Views]
Iftar at Roda Al Murooj [5380-Views]
HP and DiSTI Join Forces to Reinvent Enterprise Training Using Virtual Reality [5313-Views]
Panasonic Continues to Raise the Bar for Excellent Customer Service [5258-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories