Vice President of the United Arab Emirates Mansour bin Zayed Al Nahyan and Jordan’s Prime Minister Jaafar Hassan have signed an agreement to establish a new railway network within Jordan. To implement this project, a joint venture named “UAE-Jordan Railway Company” will be created. This enterprise will bring together Abu Dhabi’s sovereign wealth fund with several Jordanian companies.

Project Participants

The following organizations from Jordan will participate in the project:

  • Jordan Phosphate Mines Company
  • Arab Potash Company
  • Jordan Social Security Investment Fund
  • State Investment Management Company

Route and Project Goals

The plan is to construct a 360-kilometer railway linking the phosphate and potash deposits near the Dead Sea with the port of Aqaba on the Red Sea. The new route is expected to transport up to 16 million tons of these minerals annually.

The total cost of the project is estimated at 2.3 billion dollars, highlighting its significance and scale. This collaboration between the UAE and Jordan aims to strengthen economic ties and develop infrastructure in the region.