Red-Dead project feasible: WB
- Jordan: Tuesday, January 15 - 2013 at 06:20
The World Bank has said the Red Sea-Dead Sea Water Conveyance Project is feasible, despite the manageable social and environmental effects, Jordan Times has reported. The proposed project is part of international efforts to save the Dead Sea, which has been shrinking at the rate of one metre per year, largely due to the diversion of water from the Jordan River for agricultural and industrial use. Initial plans for the Red-Dead project, which includes Jordan, Palestine and Israel, propose pumping one billion cubic metres of water annually from the Red Sea into the rapidly shrinking Dead Sea to stop its depletion. The estimated full capital cost of the recommended project configuration is $9.97bn, excluding the potable water transmission system to Israel and Palestine, according to the World Bank's feasibility study.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.





