1 Day
Source:
جراءة نيوز
Jordan Misses $5.6B Export Potential
A report by the Jordan Strategies Forum stated that Jordan possesses a strategic opportunity to enhance its role as a regional hub through modern economic corridors. It revealed untapped export opportunities worth up to $5.6 billion, especially amidst geopolitical shifts and changing international transit routes. The report explained that corridors such as the Chinese Belt and Road Initiative, the Caspian Sea transit route, the North-South transportation initiative, and the Development Road project between Iraq and Turkey provide greater flexibility for transporting goods and energy, reduce costs by up to 30%, and accelerate transit times by 40-51%. The study also indicated that developing infrastructure—including railways, ports, and energy—will boost Jordanian exports' competitiveness by approximately 8-10%, with the potential to invest $20 billion in infrastructure and create export opportunities valued at up to $681.8 billion. Emphasis is placed on diversifying routes to reduce risks and strengthen economic security.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)