{"id":80845,"date":"2024-09-05T00:00:00","date_gmt":"2024-09-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/09\/05\/uae-jordan-ink-agreements-for-a-usd-2-3-bn-railway-project\/"},"modified":"2024-09-05T00:00:00","modified_gmt":"2024-09-05T00:00:00","slug":"uae-jordan-ink-agreements-for-a-usd-2-3-bn-railway-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/09\/05\/uae-jordan-ink-agreements-for-a-usd-2-3-bn-railway-project\/","title":{"rendered":"UAE, Jordan ink agreements for a USD 2.3 bn railway project"},"content":{"rendered":"

<\/strong>The UAE and Jordan have signed four agreements to build a USD 2.3 bn <\/strong>railway, <\/strong>connecting Jordan\u2019s port of Aqaba with Al-Shidiya and Ghor es-Safi mining regions, according to a statement<\/a> picked up by Jordan News Agency. The project is part of a broader USD 5.5 bn investment package<\/a> inked in late 2023 by President Sheikh Mohammed bin Zayed Al Nahyan and Jordan\u2019s King Abdullah II. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

What\u2019s next?<\/strong> Studies for construction, railway routes, and handling requirements for potash and phosphate are scheduled to be completed by the end of 2025, with construction tenders for the railway to be issued by early 2026.<\/p>\n

A boon for transport: <\/strong>The railway is set to be operational by 2030, featuring two main routes: one extending to Al-Shidiya and another to Ghor es-Safi, passing through Wadi Araba. The new railway is set to facilitate the transport of a total of 16 mn tons of phosphate and potash products, connecting the mining areas with the port.<\/p>\n

There\u2019s been some movement at Aqaba port lately<\/strong>: <\/strong>Jordan\u2019s central development arm Aqaba Development Corporation (ADC) signed a USD 125 mn agreement<\/a> with a consortium of international firms to develop Aqaba\u2019s Sheikh Sabah Al Ahmad LNG terminal in August. The upgrade comes under a plan to ensure the country\u2019s energy supply in case of supply disruptions.<\/p>\n

The story also got ink in <\/strong>Reuters<\/a><\/strong>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The railway is set to be operational by 2030<\/p>\n","protected":false},"author":1,"featured_media":80846,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[296],"tags":[39,134,121,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-80845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rail","tag-jordan","tag-projects","tag-rail","tag-uae","wpautop","entry"],"acf":{"mongo_id":"b7ee3ed7-5c02-4b37-ad85-9ab4243c306f","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1198.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE, Jordan ink agreements for a USD 2.3 bn railway project","related_issue":[80840],"teaser":"The railway is set to be operational by 2030","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.9adb1849-8eab-4bc0-8a0d-8d0f8b669a2c.mp3"},"yoast_head":"\nUAE, Jordan ink agreements for a USD 2.3 bn railway project - 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