Aqaba builds more oil capacity
Jordan is moving ahead with a JOD 45 mn petroleum berth at Aqaba — with Aqaba Development Company now finalizing detailed studies and designs after early feasibility work showed positive returns — and construction is set for 2Q-3Q 2027, with operations targeted for early 2029. The new berth will add 5 mn tons of annual handling capacity, and should ease pressure on Aqaba’s only existing oil-products berth, which is running at 60-90% occupancy and leaving vessels waiting 50-70 hours.
SCZone lands USD 20 mn Indian denim facility
India’s first play in West Qantara is denim: Indian textile manufacturer Prestige Denim Mills is investing USD 20 mn in a denim fabric manufacturing facility in SCZone’s West Qantara Industrial Zone — India’s first in the industrial area. The 100k sqm facility will bring weaving, dyeing, and finishing under one roof, with 70% of production earmarked for export markets and the remaining 30% set to serve local demand.