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His Majesty King Abdullah II and Abu Dhabi Crown Prince Khaled bin Muhammad bin Zayed Al Nahyan today laid the foundation stone for the Aqaba-Shidiya-Ma'an railway project in Jordan. The project is being developed by the Jordanian-Emirati Railway Company with an investment of approximately $2.5 billion. The aim is to connect the city of Aqaba with mining and production sites, transporting around 16 million tons annually of phosphates and potash, creating about 5,000 jobs, and reducing transportation costs by $40 million annually. This will enhance the competitiveness of the mining sector and improve export movement. The project is part of efforts to strengthen the strategic partnership between Jordan and the UAE and to support economic development in southern Jordan.
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