Agreement signed to implement Jordanian-Iraqi economic city

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(File photo: Jordan News)
AMMAN — The Jordanian-Iraqi Industry Company, which is owned by the governments of Jordan and Iraq, signed an agreement with the Coalition for Engineering Consultancy for the latter to provide consulting services for a Jordanian-Iraqi border economic city project, according to the Jordan News Agency, Petra.اضافة اعلان

As per the agreement, the consultancy firm will offer consulting services at all stages leading to finding a developer to carry out the joint economic city project, including regarding the tender documents.

According to the company, the project’s administrative and procedural steps have started. The project will improve Jordanian-Iraqi economic cooperation and bring about the necessary development in the regions of western Iraq and eastern Jordan.

“As the products and industries produced in the economic city will benefit from the advantages of the free trade agreements signed by the Kingdom with many countries, as well as reach more than one billion consumers without technical or customs restrictions, the project “constitutes an opportunity to build Jordanian-Iraqi economic integration in many fields, especially industrial ones,” a company statement said.

The joint economic city will be established on the Jordan-Iraq border; 10,000-dunum plots will be allocated by each side for the project.

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