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Future vision conference for Aqaba port launched

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(Photos: Handout by the Ministry of Investment)
AMMAN — Aqaba Development Corporation CEO Hussein Safadi signed a memorandum of understanding with APM Terminals CEO Keith Svendsen, aiming to make Aqaba a regional logistics hub through a direct investment of $242 million.اضافة اعلان

The memorandum seeks to modernize the port of Aqaba, make it use renewable energy for its operations, and enhance the port management competency of Jordanians, in preparation for an anticipated increase in maritime trade and shipping in this southern Jordanian city.

Under the memorandum, a training college will be established under the supervision of “Maersk International” with the aim of training Jordanian youths, and qualifying them to work in the regional and global port system.

It will be the first college of its kind and thus contribute to Aqaba playing a regional logistical, educational, and commercial role.

Following the signing of the memorandum, a conference on the vision for the Aqaba port of the future was held in Amman, bringing together several ministers.

They were namely Minister of State for Government Follow-up and Coordination Nawaf Al-Tal, representing Prime Minister Bisher Al-Khasawneh, Minister of Investment Khairy Amr, and Minister of Labor Nayef Istitieh. Others in attendance included investors and stakeholders from several countries.



Amr said that the government has made several legislative, regulatory, and institutional changes that led to an improvement in the investment environment in the Kingdom, which “enables us to attract foreign investment and stimulate domestic investments”.

He noted that the Ministry of Investment came about as a realization of the Royal vision and directives of His Majesty King Abdullah to improve the investment climate and provide investors with quality services.

The investment environment in Jordan is supportive and encouraging, said Amr, who added that the government, together with the private sector, “always examines ways to further facilitate investment in Jordan, through simplifying procedures, particularly registration and licensing”, and improving the ministry services.

He said that promoting trade is a key aspect of Jordan’s development policy.

“As a developing country, increasing exports and maintaining a healthy balance of trade with its trading partners are amongst the government’s most important goals,” he elaborated.

The minister of labor said that the seaport sector will need 100,000 skilled workers over the next three years.

He pointed out that the partnership with Maersk aims to boost the skills and competencies of young people, instill the needed work ethics, and introduce modern technology in training processes, in addition to designing and developing specialized training programs.


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