AMMAN: More than 460,000 people in Jordan have benefited from programs run by the country’s Energy Promotion and Consumption Efficiency Fund, according to its CEO.
Speaking on Saturday at the Jordan Economic Forum, Rasmi Hamza said the initiatives involved direct investment of about 40 million Jordanian dinar ($56.4 million) and projects worth more than JD100 million.
“The fund, established in 2014 with an initial government capital of JD25 million, has become a leader in the energy transition process in Jordan through programs targeting households and economic sectors,” he said.
Its various schemes had “directly impacted the lives of hundreds of thousands of families and reduced the energy bill in vital sectors such as industry,” the Jordan News Agency reported.
Hamza said that since its creation the fund had focused on three main objectives: delivering direct economic and social impact, reducing the national energy bill and enhancing competitiveness.
