AMMAN —
The Jordanian government inked a loan agreement with the
Kuwait Fund for Arab Economic Development (KFAED) on Wednesday to finance a public education
infrastructure project in the Kingdom for 11.6 million Kuwaiti dinars ($38.3
million), according to the Jordan News Agency, Petra.
اضافة اعلان
The loan will
finance the construction of 12 schools in Amman, Madaba, Irbid, Jerash, Zarqa,
Ajloun, Balqa, and Karak. The number of classes at these schools, which will serve
students from kindergarten to secondary school, ranges from 12 to 36 per
school.
The project’s
overarching purpose is to solve student overcrowding in schools as a result of
population increase and rising demand for public education, as well as to reduce
reliance on rented school facilities.
The agreement was
signed by
Minister of Planning and International Cooperation Nasser Shraideh
and KFAED Director-General Marwan Al-Ghanim.
The agreement,
according to Shraideh, is part of
Kuwait’s contribution to pledges made at a
2018 Jordanian-GCC summit held in Saudi Arabia, with the goal of assisting
Jordan’s economic and social development.
Shraideh commended Kuwait for its ongoing assistance to
Jordan and stated that the Jordanian government looks forward to strengthening
cooperation with the fund, which is one of the Kingdom’s most important
development partners.
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