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الحقيقة الدولية
Government unveils $10b project plan
The Jordanian government announced plans to launch a series of major projects valued at approximately $10 billion over the next 3-4 years, in collaboration with the private sector within the framework of public-private partnerships. These projects span sectors such as water, energy, transportation, infrastructure, and public services, including the National Water Carrier project and a natural gas pipeline from the Risha field, aiming to increase self-sufficiency in gas to around 80% by 2028, with ongoing exploration efforts to boost domestic production. The plan also includes the establishment of Airport City as a modern economic zone to alleviate pressure on Amman, stimulate economic growth, and create new job opportunities. Economic indicators show that exports increased by more than 14% in the first half of the year, with re-exports rising by 44%, despite regional challenges, alongside improvements in the performance of Aqaba Port, reflecting the resilience and growth capacity of the Jordanian economy. The government is also working to expand export markets through trade agreements with new countries such as Rwanda and Uzbekistan, and is actively engaging in negotiations with the Eurasian Economic Union to enhance access for Jordanian products to Asian markets and explore future growth opportunities.
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