AMMAN – On Wednesday, Mohammed Al-Bustanji, the head of the
Jordan Free Zones Investors Commission (JFZIC), stated that tensions in the
Bab-el-Mandeb Strait have impacted the arrival of nearly 1,000 vehicles that
were en route to Jordan, Al-Mamlaka TV reported.
اضافة اعلان
Bustanji expressed that if the tensions in Bab-el-Mandeb
continue, it will inevitably lead to increased vehicle prices destined for the
Kingdom. This rise is due to
higher shipping costs. However, the current
markets are experiencing relative stability.
He further explained that disruptions and delays occurred in
redirecting vessels, along with changes in the routes of several ships and
their unloading at different ports. These actions were part of the search for
alternative routes.
An alternate route would increase costs
In the event of continued crisis, importers may shift
towards importing goods through the port of
Jebel Ali in Dubai, followed by
on-land transportation to Jordan. However, this alternative route would
increase both costs and shipping times.
Bustanji emphasized that approximately 90 percent of goods
coming to Jordan from Asia pass through the
Red Sea and the Bab-el-Mandeb
Strait. The closure will also affect goods typically arriving via the Suez
Canal and heading through the Red Sea.
Earlier, Fathi Al-Jaghbeer, the head of the
Jordan Chamber of Industry (JCI), had stated that Jordan’s exports and imports would be
significantly impacted due to the redirection of maritime shipping through
Bab-el-Mandeb.
50 percent of Jordan’s raw materials come through
Bab-el-Mandeb
Jaghbeer clarified that over 50 percent of Jordan's raw
materials come through Bab-el-Mandeb.
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