Article: Queen Alia International Airport project awarded

Edgo Ventures, the corporate finance and investment management arm of the Edgo Group, announced that it has been awarded the expansion project of the Queen Alia International Airport (QAIA) in Jordan. The Government of the Hashemite Kingdom of Jordan announced a 25-year agreement with the ADP Consortium to expand and rehabilitate the QAIA through a competitive bid process. IFC, the private sector arm of the World Bank Group, assisted the government of Jordan in structuring the transaction, which is expected to mobilise over USD 500 million dollars of private investment in the country's airport sector, bridging a critical gap in infrastructure and promoting Jordan as a regional economic and ...

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