ADFD contributes AED 320 million to Amman Development Road advancing regional infrastructure
The Amman Development Road has officially opened connecting the capital with the surrounding cities following a contribution from the UAE Government grant to the Gulf Development Fund of AED 320 million ($87 million)––50 per cent of AED 620 million ($169 million) needed for the project.
His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), attended the opening of the road which will ease the movement of passengers and goods between Jordan and the countries of the GCC region.
Praising the new development, His Excellency Mohammed Saif Al Suwaidi said, “The 48 km, Amman Development Road encourages sustainable urbanisation 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, modernise and expand infrastructure.”
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.
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 AED 5.7 billion.