Dubai-based KBW Investments, led by chairman HRH Prince Khaled bin Alwaleed bin Talal, has confirmed two major agreements with public authorities in Jordan for LED lighting production and installation in the Kingdom. The first, signed with the King Abdullah II Design and Development Bureau (KADDB) and the Ministry of Municipalities, solidifies a public-private partnership (PPP) for the development of production facility for LED lighting as a build-operate-transfer (BOT) project. Ratified in the presence of Jordanian Prime Minister Hani Fawzi al-Mulki, the project is currently under construction and is expected to be completed within three months.

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