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Home International Customs Jordan

Jordan to build $10 billion nuclear reactor, will sign deal with Russian Rosatom

byCustoms Today Report
23/03/2015
in Jordan, World Business
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AMMAN: The Chairman of the Jordan atomic energy commission Khalid Toukan said that Jordan is to build the first nuclear reactor of Middle East at a cost of $10 billion, and a deal will sign  with Russia’s Rosatom in this regard.

Toukan said in a press conference in Amman that, Rosatom will commit to provide nuclear fuel for the first 10 years for the reactor to operate starting in 2022. Jordan can also return nuclear fuel waste to Russia. The project needs final goverment approval.

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Tuokan said “We are in talks with several regional and international investors who are interested to invest in the project and be partners in Jordan’s stake in the project. We will witness signing of some deals with those investors before end of this year.”

Rosatom will finance 49.9 percent of the project, including two plants with capacity to generate 2,000 megawatts of power. Jordan will own the rest.

Tags: Jordan is to build $10 billion nuclear reactor

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