June 16, 2022
3 mins read

UAE Helps Jordan to Build Silos

Two grain silos inaugurated in Jordan following an extensive renovation carried out by Abu Dhabi Fund for Development

 Two grain silos have been inaugurated in Jordan’s Juwaideh and Aqaba regions following an extensive renovation. The project was carried out by Abu Dhabi Fund for Development (ADFD) to raise the capacity of the Juwaideh silo to 120,000 tons, and the Aqaba granary to 100,000 tons. The aim was to support the Jordan’s National Food and Security Strategy for 2025.

Abu Dhabi Fund financed the AED258.7 million (US$70.5m) projects from an AED 4.6 billion (US$1.25m) grant allocated by the UAE to Jordan as part of the Arab Gulf Programme for Development (AGFUND).

The revamped granaries were inaugurated by Nasser Al Shuraida, Minister of Planning and International Cooperation and Acting Minister of Industry and Trade. The ceremony was attended by Mohamed Saif Al Suwaidi, Director General of ADFD; Dana Al Zoubi, Secretary General of the Ministry of Industry, Trade and Supply, and many other officials from both sides.

The silos are mainly used to hold essential food grains such as wheat and barley. The Juwaideh silo store grains in 24 vertical storages. Each main silo has a 5,000-metric-ton capacity. A 1-megawatt solar plant has also been up to supply energy to the granary.

The Aqaba granary got 28 additional vertical warehouses, each with a capacity of about 3,800 tons. Together the two silos are expected to reduce food imports, while also generating hundreds of jobs and contributing to Jordan’s economic development.

Nasser Al Shuraida said that the silos expansion project in Juwaideh and Aqaba underscored the scale of efforts of the UAE and Abu Dhabi Fund for Development to support Jordan over its development programs. He thanked the UAE and its leadership for enabling Jordan to achieve sustainable development.

He emphasized that the UAE through ADFD financed many projects in vital sectors that had a significant impact on the Jordanian economy, which uplifted the standard of living. He called ADFD a strategic partner and a global model in terms of driving sustainable development around the world.

Mohamed Saif Al Suwaidi said: “Our participation in the inauguration of expansion project of Juwaideh and Aqaba granaries reflects the depth of the strategic relations between the UAE and Jordan, as these pioneering projects represent a priority for Jordan’s development programs.” He pointed out that the two silos with an expanded capacity will enhance boost security and ensure that the country meets its food needs for an increasing population, in addition to keeping food price in check. “All this will further strengthen Jordan’s economy and support the government’s developmental objectives,” he said.

Engineer Imad Ali Al-Tarawneh, General Manager of Jordan Soils and Supply General Co., said: “The mega projects reflect the vision of the wise leaderships of the two countries and their keenness to strengthen strategic relations to achieve common economic objectives. Abu Dhabi Fund for Development’s contributions to upgrade the silos will help Jordan to maintain strategic stockpile of food staples, with the quantity being one of the highest in the Arab world. These projects also help meet local market requirements for essential food grains and enhance Jordan’s food security and sustainability.”

ALSO READ: UAE Central Bank hikes base rate after US move

Since 1974, ADFD financed development projects worth AED 6.5 billion, mainly in strategic sectors such as energy, transport, water and agriculture, health and education. These projects supported the Jordanian government to drive socioeconomic development in the country.

ADFD is a leading national entity for economic development aid owned by the Abu Dhabi government. Established in 1971, it aims to help emerging countries by providing concessionary loans to finance sustainable development projects as well as administer long-term investments and direct contributions. In addition to managing development grants offered by the Abu Dhabi government, ADFD has adopted a policy of supporting the national economy and financing UAE private-sector investments. Since its inception, ADFD has marked developmental milestones in 103 developing countries. Spanning the last 50 years, ADFD’s development projects and investments, valued at AED150 billion, have helped the international community achieve sustainable economic growth, as well as drive the implementation of the United Nations’ Sustainable Development Goals (SDGs).

Previous Story

UK retail sales return to growth

Next Story

Egypt, EU, Israel sign Energy pact

Latest from Arab News

Clearing A Mess in Gaza

Municipalities across Gaza have mobilized their limited resources to clear streets and set up temporary shelters for thousands of displaced families…reports Asian Lite News The conflict has left behind an estimated 55

Gaza, Malaysia to help Gaza Rebuild

Egyptian, Malaysian leaders discuss Gaza aid, reconstruction amid ceasefire…reports Asian Lite News Egyptian President Abdel Fattah al-Sisi and Malaysian Prime Minister Anwar Ibrahim spoke by phone about efforts to support Gaza’s reconstruction,

Netanyahu to Run Again in 2026

When asked whether he expects to win, Netanyahu said, “Yes.”…reports Asian Lite News Israeli Prime Minister Benjamin Netanyahu has confirmed his bid for re-election in the 2026 parliamentary polls. He made the

UK backs Egypt-led Gaza stabilisation force

Britain takes an advisory and strategic role in US-backed efforts to establish a UN-mandated international force in Gaza and guide reconstruction plans estimated at £50bn…reports Asian Lite News Britain is taking a
Go toTop

Don't Miss

Pradhan Visits BAPS Hindu Mandir

During the visit, the minister expressed his gratitude towards PM

AMF forecasts 6.2% growth for UAE economy in 2025

The report added that the UAE’s economy shows strong fundamentals