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الوقائع الإخبارية
Jordan's Aqaba Railway Enhances Logistics
The Aqaba Port Railway Project is considered one of the most significant strategic shifts in Jordan's transportation map. Its aim is to enhance economic security and reinforce the Kingdom's position as a regional hub for transportation and logistics services. The railway, extending 360 kilometers at an estimated cost of approximately $2.3 billion, connects Aqaba Port with phosphate and potash production areas, with an import capacity of up to 16 million tons per year. The project contributes to lowering shipping costs, increasing the competitiveness of national exports, and creating high-quality job opportunities. Additionally, it serves as part of a national railway network that will extend in the future toward neighboring countries, thereby strengthening regional economic cooperation and establishing Jordan as a vital link in international trade movement. The project is financed through a partnership between Jordan and the UAE, with each contributing 50%. It involves national institutions such as the Phosphate Mines Company, Arab Potash, and the Social Security Investment Fund, aligning with sustainable development goals to support the national economy and boost the industrial, mining, and agricultural sectors.
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