Potash and phosphate form large industrial partnership
The Arab Potash Company and the Jordan Phosphate Mines Company announced the signing of a partnership agreement worth nearly one billion dollars to establish an integrated industrial complex in Aqaba and Shidiya. The project aims to develop advanced downstream industries that rely on phosphate and potash resources. Its goal is to produce high value-added products and provide at least 600 direct jobs. The first phase is expected to take approximately four years to complete. The project seeks to enhance the competitiveness of Jordanian industries in global markets, contribute to the development of the mining and chemical manufacturing sectors, and support Jordan’s Economic Modernization Vision.
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