Potash company to fund construction of Wadi Ibn Hammad Dam

By Petra - Jan 30,2014 - Last updated at Jan 30,2014

AMMAN — The Water Ministry on Thursday signed an agreement with the Arab Potash Company (APC) to establish the JD26 million Wadi Ibn Hammad Dam in Karak Governorate.

Water Minister Hazem Nasser, who signed the agreement with APC CEO Jamal Sarayreh, noted that the project is part of the partnership between the government and the private sector.

Under the agreement, the Water Authority of Jordan will provide the APC with 30 million cubic metres (mcm) of water for 12 years at preferential prices upon the completion of the 4mcm dam, which will take three years.

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