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زاد الاردن
Government Announces $10 Billion Private Sector Projects
The Jordanian government has announced a plan to launch a package of major projects over the next 3-4 years, with investments estimated at around 10 billion dollars, in partnership with the private sector (PPP). These projects encompass sectors such as water, energy, transportation, and infrastructure, aiming to boost economic growth, stimulate investment, and create new job opportunities. Among the most notable are the National Water Carrier Project and the natural gas pipeline from the Risha field, which are expected to contribute to increasing domestic gas self-sufficiency to approximately 80% by 2028, with ongoing exploration activities to enhance local production. The plan also includes the Airport City project as an economic urban center to support urban growth and alleviate pressure on Amman. Economic indicators show that exports have increased by more than 14% in the first half of the year, with improvements in the performance of Aqaba Port and efforts to strengthen export markets through trade agreements with new countries. These initiatives aim to stimulate the national economy and create an attractive investment environment, within the framework of the government's strategy to enhance competitiveness and sustainable growth.
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