Jordan has confirmed well over $10bn of investment in a series of deals struck during the World Economic Forum.
The investment, which came mainly within the energy sector, should boost the economy of a country that imports 97 percent of its energy needs, and which is struggling to cope with an estimated refugee population of around two million. The two largest deals were a $1.5bn deal with Chinese firm Hanergy to build a one gigawatt cluster of solar and wind power projects, and a proposed liquefied natural gas sale and purchase agreement with British Gas, which would be worth $6bn over 20 years. KBW Investments also signed a memorandum of understanding to invest up to $400m in airports, transportation and infrastructure.