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Transport Minister predicts lands near railway may gain 10-50% value
Transport Minister Nidal Qatamin has indicated that lands and properties adjacent to railway lines in Jordan may see an increase in value ranging from 10% to 50% following the implementation of railway projects, based on global experiences. He also noted that the project will contribute to changing land uses, especially agricultural lands, transforming them into residential or commercial areas. Additionally, it will lead to the creation of new economic centers, stations, business districts, and hotels. The development of the railway sector helps improve infrastructure, stimulate economic growth, and revitalize areas along the railway lines, reflecting the importance of leveraging the economic potential of this sector in Jordan.
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