Jordan and France Sign €912 Million MoU for Development and Cooperation in 2023-2026

Jordan and France have entered into a partnership for development and cooperation by signing a memorandum of understanding (MoU) that will allocate up to €912 million in funding for the 2023–2026 period.

The agreement was signed by Jordanian Minister of Planning and International Cooperation Zeina Toukan and Deputy CEO of the French Development Agency (AFD) Marie-Helene Loison, in the presence of French Minister of State for Development, Francophonie, and International Partnerships Chrysoula Zacharopoulou.

This MoU encompasses funding of up to €650 million in concessional loans for sectoral support through Jordan’s public budget, prioritizing key infrastructure projects.

Additionally, around €200 million in funding will be provided to the private sector via AFD-affiliated Proparco, which focuses on private-sector financing.

The agreement also includes grants totaling up to €62 million to support the Jordan Response Plan to the ongoing Syrian crisis and offer technical assistance to strengthen the technical and institutional capacity of the ministries and institutions involved in the implementation of projects within the memorandum’s framework.

During a technical meeting with AFD senior officials, discussions centered on priority projects related to water and climate change, such as water loss reduction initiatives, the National Water Carrier project, the water sector’s sanitation projects, and research on implementing the memorandum.