The primary purpose of the Jordan Red Sea Project is to deliver a reliable source of drinking water to Jordan, which ranks as the 4th poorest country in the world in terms of its water resources.

A secondary purpose of this project is to arrest and possibly restore, to some extent, the declining Dead Sea water level.

The Ministry of Water and Irrigation has contracted Arabtech Jardaneh through its Project Development Management unit in association with MWH as transaction advisors and program managers responsible for the implementation of the JRSP based on the preliminary studies and development plans that were released in 2008 by AJI previously Arabtech Jardaneh and MWH.

With the multi-billion dollar funding needed for this project, key components of the JRSP project are commercial, industrial and business developments.

The objectives of the JRSP developments are to provide reasonable and achievable revenues to support the JRSP project-finance model and to stimulate economic growth in Jordan.

The Services Provided Included:

• Transaction advisory services including securing a Project Developer through a public tendering process to lead the efforts of realizing the project’s objectives including land developments.
• Developing and managing the Jordan Red Sea Project (JRSP) implementation program.