Aqaba Amman Water Desalination & Conveyance (AAWDC) (IFC-47924)

Regions
  • Middle East and North Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Jordan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Aqaba, Ma’an, Tafila, Karak, Al Quweira and Amman
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 18, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
NATIONAL CARRIER PROJECT COMPANY
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Infrastructure
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 375.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 375.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 6,000.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 30, 2025

Disclosed by Bank Oct 17, 2025


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the IFC, the Aqaba Amman Water Desalination and Conveyance Project represents Jordan’s strategic response to its water crisis and is designed to meet approximately 40% of the Country’s municipal water supply by 2040 and alleviate stress on other water resources.

The Project is a Public Private Partnership (“PPP”) between the Ministry of Water and Infrastructure (MWI) of Jordan and a Special Purpose Vehicle (the “National Carrier Project Company” or “NCPC” or “Company”) created by Meridiam (90% shareholder) and Suez (10% shareholder), collectively, the “Sponsors” of the Project. IFC is part of a pool of international lenders that is considering financing for the Project. IFC is considering an A loan of up to US$ 375 million, supplemented by mobilized financing and hedging arrangements. 

The development of the Project concept and an Environmental and Social Impact Assessment (ESIA) were completed in 2022, based on the outline design. Since then, a tender process led to the award of the concession to the Sponsors who held a competitive tender for the Engineering, Procurement and Construction (“EPC”) of the Project that was awarded to a consortium of international contractors, which then led to some initial design optimization. Since early 2025, the EPC Contractor has been carrying out detailed surveys and engineering work that will lead to the final Project design and will enable the EPC Contractor to develop a detailed construction methodology and operational principles for all Project components. The construction and commissioning phases of the Project are expected to last four years and start of construction is planned for early 2026. The Project is to provide a total of 300 million cubic meters (MCM) per year of potable water to Jordanian households through the desalination of seawater from the Red Sea.

The Project consists of three components: (1) marine works and desalination system, (2) water conveyance system, and (3) renewable energy facility.

The marine works are located in Aqaba’s industrial port and include: the seawater intake, from which water will be pumped to the desalination plant, the discharge outfall, through which the brine resulting from the desalination process will be returned to the Red Sea, and the pipelines connecting the marine infrastructure with the desalination plant.  

The water conveyance system consists of an approximately 440km long, 2.0-2.5m diameter buried pipeline and a series of pump stations and other hydraulic control structures to deliver the water from the desalination plant to the receiving facilities in Amman. The conveyance system crosses the five governorates of Aqaba, Ma’an, Tafila, Karak and Amman. Subject to final design and routing definition, the alignment of the conveyance system will generally follow existing linear infrastructure, including roads and the existing Disi Water Conveyance Project.  

The renewable energy facility consists of a 281 MWp captive solar photovoltaic power plant (SPP), which will provide approximately 27% of the overall energy requirements of the Project.

The SPP plant will be located in a desert area where no built-up structures exist and far from any settlements. The SPP plant will be connected to the desalination plant through an approximately 60km long overhead transmission line (OHTL) that will be constructed and operated by the Jordanian National Electrical Power Company (NEPCO). The OHTL will follow an existing energy corridor where two additional OHTLs are present. The OHTL is classified as an Associated Facility. The Project will require that two existing reservoirs in Amman be expanded to receive the additional potable water produced by the Project. The expansion work is also classified as an Associated Facility.

The Project is located in the Hashemite Kingdom of Jordan. The desalination plant and marine equipment are located in Aqaba, the conveyance pipeline connects Aqaba to Amman, and the solar PV plant is located in Al Quweira.                                              

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

As stated by the IFC, the total project cost is currently estimated at approximately US$6 billion subject to further optimizations. IFC is considering an A loan of up to US$375 million, supplemented by mobilized financing and hedging arrangements.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the IFC, the Project is being developed by the National Carrier Project Company, an SPV established by Meridiam (90%) and Suez (10%) for the purpose of undertaking the project.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
Suez SA Investor Energy contracts with Meridiam SAS Client Infrastructure

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Client - National Carrier Project Company:

Omar Khader - Chief Financial Officer
Phone: +962 0790088877
Email: AAWDCP@meridiam.org 
Address: 3 Rafiq Al-Hariri Avenue, Amman, Jordan 

General IFC Inquiries - IFC Communications:

Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384

ACCESS TO INFORMATION

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The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

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