The venture is predicted to start building in 2030. Credit score: Etihad Rail.
Etihad Rail will spearhead a significant new railway community in Jordan as a part of a $2.3bn funding by the UAE into the nation’s mining and railway sectors.
The state-owned rail firm has signed an settlement with the Jordanian Ministry of Transport to facilitate the event of railway tasks in Jordan because it builds a 360km community linking phosphate and potash mines to the Port of Aqaba.
Etihad Rail CEO Shadi Malak stated: “We’re eager to leverage our confirmed experience in growing and working the UAE nationwide railway community to assist the Hashemite Kingdom of Jordan’s formidable plans for advancing its rail infrastructure and driving financial development.”
The venture will see the UAE and Etihad Rail oversee the development of the rail community and supporting infrastructure, together with loading and unloading terminals, and supply upkeep, restore, and operation companies for the community.
The funding additionally noticed Etihad Rail signal two memorandums of understanding with the Jordan Phosphate Mines Firm and the Arab Potash Firm on the rail transportation of round 16 million tonnes every year of phosphate and potash to Aqaba.
Based on the Jordanian Authorities, the venture will not be anticipated to start building till 2030, with detailed research on its improvement to be carried out first by the top of subsequent yr earlier than bids for building work will start in early 2026.
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Jordanian Prime Minister Bisher Al-Khasawneh stated the venture would significantly improve the nation’s logistics and export capabilities by bettering effectivity and creating new jobs within the logistics, mining and railway sectors.
The venture continues Etihad Rail’s expansions exterior of the UAE because it builds on the 900km rail system it constructed in its house nation, which at present operates solely as a freight community.
Earlier this yr, the rail firm additionally signed a contract with a Siemens Mobility lead consortium for the development of a 303km line connecting the UAE’s rail community with the nation of Oman.
