we meet mega projects minister imad fakhoury >>and the peaceful sport of gliding gets competitive. >>silent soaring.... and the rest in just a moment on world business... >>for a non oil producing middle eastern country, that is essentially land locked, jordan is surprisingly successful. it managed to avoid recession and pre crisis growth rates were around 7 percent. the country is also addressing the issues that have held it back, such as poor water supplies and transport links and reliance on its neighbours for energy. heather scott sat down with imad najib fakhoury, the minister for public sector development and minister of state for mega projects to find out more. >>fakhoury: jordan faces two critical challenges. one is energy and one is a water challenge. on the water situation, jordan is now the fourth poorest country in water per capita availability. we have probably one of the most pressing water situations on a global level. it's basically a survival issue for the country...so mega projects that are involved with solving and providing a long-term secure water source for th

we meet mega projects minister imad fakhoury >>and the peaceful sport of gliding gets competitive. >>silent soaring.... and the rest in just a moment on world business... >>for a non oil producing middle eastern country, that is essentially land locked, jordan is surprisingly successful. it managed to avoid recession and pre crisis growth rates were around 7 percent. the country is also addressing the issues that have held it back, such as poor water supplies and transport links and reliance on its neighbours for energy. heather scott sat down with imad najib fakhoury, the minister for public sector development and minister of state for mega projects to find out more. >>fakhoury: jordan faces two critical challenges. one is energy and one is a water challenge. on the water situation, jordan is now the fourth poorest country in water per capita availability. we have probably one of the most pressing water situations on a global level. it's basically a survival issue for the country...so mega projects that are involved with solving and providing a long-term secure water source for th

>> the entire region how soon a series of mega projects. it's very visible to the public. they are using the new austrian method of drilling there. they are 900 meters about ninth of way through the process right now. it's supposed to be completed about the time of the bay bridge. >> does it seem like it's going faster? >> it's apples and oranges but when you are driving on the 24 to look over there and see a new tunnel is coming too soon soo. >> no what is that going to do for folks once it's been completed. i've been stuck in that traffic. >> one of the great jobs about the cal did cot, it's going to improve the commute. some of the projects bay bridge are seismic orientated but this is something that should speed up travel time. >> aknow people that loves to watch construction projects you have a special website. >> at bay bridge info.org you can see live footage or click on see videos and see different processes and designs for the privilege. t the project?have questions for >> call us on the phone. we have a public information office that is opened monday through frid

. >> suarez: the big jumps in economic growth, the% averages, come mostly from mega projects oferned mining company owned by an australian- based multi-national company. this person is the chief editor of the magazine independence. he says profits from foreign vechls move to europe, australia and asia and do little to help mozambique's poor. >> the most capable projects of paying for the economy are exempt from paying the tax. those projects can contribute to the economy of the country. >> suarez: but renegotiations are a tricky proposition. >> no city or country, no city or state negotiates contracts because it loses credibility. >> suarez: one of the promising investments the country hopes to capitalize on is tourism. >> tourists will be the first industry in mozambique because the impact affects supply. for me the key industryç in mozambique is tourism.ç >> suarez: the historic hotel in the capital city spent $25 million on a face-lift to appeal to international luxury travelers. manuel, owner of costa dell seoul, a waterfront family restaurant since colonial days says mozambiqu