Zuhdi Shubeitah
العربية

President Trump's Deal: Trump Vision 2020

The article lists planned projects and funding allocations in Jordan and Egypt under the 'Trump Vision 2020' economic plan, detailing amounts in grants, loans and investors’ funds and expected implementation timelines.

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English translation, prepared and reviewed before publication. The Arabic text is authoritative.

Zuhdi ShubeitahBanking executive (former)
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·       Episode No. 21

·       Projects related to the Deal of the Century in the Hashemite Kingdom of Jordan

-        Projects in Jordan amounting to 7,365 million dollars (seven billion three hundred sixty-five million dollars), consisting of 1,703 million dollars provided as grants, 2,900 million dollars as loans, and 2,763 million dollars as investors’ funds.

-        The first-stage projects amount to 740 million dollars, and the first stage is implemented over 1 year to 3 years; of the first-stage development funds in the Hashemite Kingdom of Jordan, 465 million dollars are grants, 200 million dollars are loans, and 75 million dollars are investors’ funds.

-        As for the second-stage projects, which take about 5 years to implement, the total invested amounts for this stage reached 1,850 million dollars, of which 1,200 million dollars are grants, 325 million dollars are loans, and 325 million dollars are investors’ funds.

-        As for the third-stage projects, whose implementation period may extend up to 10 years (i.e., over 10 years), the total sums allocated or earmarked for this stage of investment and development in Jordan amounted to 4,775 million dollars, of which 38 million dollars are grants, 2,375 million dollars are loans, and 2,363 million dollars are investors’ funds. We list below some of the projects that will be implemented to accompany the execution of the economic plan of the peace agreement between the Palestinians and the Israelis as follows:

-        Projects to improve the infrastructure of transit centers at the Al-Landeb Bridge and other crossings: the funds allocated for these improvements amounted to 50 million dollars, of which 38 million dollars are grants, and 12 million dollars are loans.

-        A sum of 1,500 million dollars was also allocated to build a railway over 10 years, of which 750 million dollars are loans and 750 million dollars are investor funds.

-        As for other projects, amounts were allocated to build a lake resort in the amount of 1,400 million dollars, of which 700 million dollars are loans and 700 million dollars are investors’ funds; implementation over 10 years.

-        As for the project to establish a dry port in the city of Ma'an in Jordan, an amount of 50 million dollars was allocated as a grant, to be implemented during a phase lasting approximately 5 years.

-        It was also noted the project to establish and improve the infrastructure for cyber electronic services, for which 500 million dollars were allocated as a grant...and its implementation is estimated over 5 years..
• As for projects to improve transit and train services, an amount of 250 million dollars was allocated as a grant, to be implemented over 6 years..from the start of implementing the economic framework of the Peace Plan – Trump Vision 2020.
• As for other phases of projects expected to be established in Jordan according to the peace agreement under consideration, an amount of 400 million dollars was allocated for projects to improve mobility and transit services in the Red Sea area in Jordan, and the Dead Sea, and transit services; the amount is a grant, and is implemented over 6 years

-        As for improving services related to airports benefiting from the Israeli-Palestinian peace agreement, an amount of 650 million dollars was allocated to build an airport in Al-Shunah Al-Janubiyah. Of this amount allocated for such purposes, 325 million dollars are loans, and 325 million dollars are investors’ funds...and the work is scheduled to be completed in 6 years..

·       Projects related to the Deal of the Century in the Arab Republic of Egypt

-        As for the peace projects expected to be implemented in the Arab Republic of Egypt, the total amounts allocated to them in the economic plan of the peace agreement between the Israelis and the Palestinians amounted to 9,167 million dollars (nine billion one hundred sixty-seven million dollars)...of which 917 million dollars are grants, amounts estimated at 4,325 million dollars are loans, and amounts of 3,925 million dollars are investors’ funds...

-        The peace projects in Egypt ranged as follows:

-        Loan funds for small and medium projects, amounting to 125 million dollars as loans, to be implemented within 2 years from the date of starting to apply the provisions of the economic plan..after signing the peace agreement between Israel and the Palestinians..

-        There are energy projects for the region in the amount of 1,500 million dollars, of which 450 million are loans, and 1,050 million dollars are investors’ funds, to be implemented over 5 years...

-        There are also projects to be implemented in the Suez area and trade service centers, in the amount of 500 million dollars, of which 250 million dollars are grants and 250 million dollars are loans; the project is implemented over 5 years.

-        In addition, energy-specific projects in Sinai were allocated amounts estimated at 500 million dollars for the Sinai power station; of these amounts, 125 million dollars are grants, 250 million are loans, and 125 million are private investors’ funds..and the implementation phase was set at 5 years,

-        As for water-related projects in Sinai, an amount of 500 million dollars was allocated to establish water-related projects; of these amounts, 125 million dollars are grants, 250 million dollars are loans, and 125 million dollars are private investors’ funds..and the expected time for implementation is 5 years.

-        As for transport and mobility projects in Sinai, an amount of 500 million dollars was allocated, of which 250 million dollars are grants and 250 million dollars are loans, and the implementation period is within 5 years to establish transport- and mobility-related projects...

-        As for projects specifically for tourism development in Sinai, an amount of 500 million dollars was allocated to establish projects to develop tourism in Sinai..of these amounts, 125 million dollars are grants, 250 million dollars are loans, and 125 million dollars are investors’ funds...and the project implementation period in Sinai may reach 8 years...

·       Projects related to the Deal of the Century in Lebanon :

-        As for the projects designated for the State of Lebanon from the economic plan linked to the peace agreement under review, the total amounts for establishing projects in Lebanon in light of the peace agreement (Trump Vision 2020) amounted to 6,325 million dollars (six billion three hundred twenty-five million dollars), to establish 5 projects. Of this amount, 450 million dollars are grants, 4,625 million dollars are loans, and 1,250 million dollars are investors’ funds..., and the projects in Lebanon ranged as follows:

-        Establishment of commercial centers in the amount of 325 million dollars, of which 200 million dollars are grants and 125 million dollars are loans,

-        And road and transport centers with a total value of 3,000 million dollars, of which 2,250 million dollars are loans and 750 million dollars are investors; the construction period was set at 6 years ..
Also a railway project will be established in Lebanon valued at 2,000 million dollars, of which 250 million dollars are grants, 1,500 million dollars are loans, and 250 million dollars are investors’ funds, and the completion period is within 8 years

-        As for projects to establish air and sea centers, the amounts allocated to these projects in the economic plan linked to the peace agreement between the Palestinians and the Israelis amounted to 1,000 million dollars, of which 750 million dollars are loans and 250 million dollars are investors’ funds

·       Projects in the West Bank and Gaza Strip

-        The funds allocated for operations and project establishment in the West Bank and Gaza Strip amounted to 27,813 million dollars (twenty-seven billion eight hundred thirteen million dollars), of which 10,310 million dollars are grants (ten billion three hundred ten million dollars), while the remainder will be injected in the form of concessional loans and investors’ funds. Note that the total amounts specified in the economic plan amount to 50,670 million dollars (fifty billion six hundred seventy million dollars), which are the total amounts taking into account the countries surrounding Palestine, namely Jordan, Egypt and Lebanon, for which the total amounts allocated to establish and spend on projects in these three countries for the sake of peace amount to 22,857 million dollars (twenty-two billion eight hundred fifty-seven million dollars), of which only 3,070 million dollars are grants, and the remainder will be injected by concessional loans and investors’ funds.

-        All these figures and amounts will not be disbursed or obtained unless the political framework of the deal is signed and all the terms of the agreement are implemented, including recognition of the Jewishness of the state, disarmament of the Gaza Strip..(known as the Gaza standards)!!..etc. of the conditions

-        As for the funds allocated for operations and project establishment in the West Bank and Gaza Strip, which, as we noted, amounted to 27,813 million dollars, they will be spent as stipulated by the Vision – Trump – as follows:

-        Home ownership (housing) in the amount of 1,000 million dollars (one billion dollars) at 4%, agriculture in the amount of 910 million dollars at 3%, industry in the amount of 875 million dollars at 3%, life welfare in the amount of 630 million dollars at 2%, business development in the amount of 560 million dollars at 2%, workforce development in the amount of 345 million dollars at 1%, public health in the amount of 1,320 million dollars at 5%, natural resources in the amount of 1,450 million dollars at 5%, tourism in the amount of 1,450 million dollars at 5%, education in the amount of 1,895 million dollars at 7%, public sector reform in the amount of 3,330 million dollars at 12%, digital services 2,625 million dollars at 10%, water in the amount of 2,322 million dollars, energy in the amount of 2,539 million dollars at 9%, transport and communications in the amount of 6,562 million dollars at 24% !!.
As for the time periods for spending on projects across the entire region (the West Bank and Gaza Strip in addition to Jordan and Egypt and Lebanon), they will be as follows:

-         The first and second years, the total amount 6,208 million dollars, of which 3,282 million dollars are allocated as grants, and 2,070 million dollars as concessional loans, and 857 million dollars investors.

-        The third and fourth years, the total amount 14,306 million dollars, of which 3,882 million dollars are allocated as grants, and 7,055 million dollars concessional loans, and 3,369 million dollars investors.

-        The fifth and sixth years, the total amount 13,844 million dollars, of which 3,280 million dollars are allocated as grants, and 7,355 million dollars concessional loans, and 3,210 million dollars investors.

-         The seventh and eighth years, the total amount 10,649 million dollars, of which 1,966 million dollars are allocated as grants, and 6,120 million dollars concessional loans, and 2,562 million dollars investors

-         The ninth and tenth years, the total amount 5,663 million dollars, of which 971 million dollars are allocated as a grant, and 3,089 million dollars concessional loans, and 1,602 million dollars investors..

-         Thus the total amounts allocated as grants is 13,380 million dollars out of the amount allocated in this deal for all countries of the region amounting to 50,670 million dollars, while the amounts designated as concessional loans have reached 25,689 million dollars, and with regard to investors’ amounts, they have reached in total 11,600 million dollars out of the total amount referred to..(50,670 million dollars)..

-        Tuesday corresponding to 18-2-2020

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Zuhdi Shubeitah, “President Trump's Deal: Trump Vision 2020” (English translation of «صفقة الرئيس الامريكي (ترامب)، Trump Vision2020», originally published 15 September 2022), https://www.zuhdish.co/en/articles/president-trumps-deal-trump-vision-2020-2

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