House of Representatives approves amended agreement for QAIA

queen alia international airport QAIA
(File photo:Jordan News)
AMMAN – On Monday, the House of Representatives approved, by a majority vote, the amended agreement for the rehabilitation, expansion, and operation of Queen Alia International Airport (QAIA).اضافة اعلان

Despite the overall approval, the specific vote on the "amended airport agreement" did not yield success, indicating potential nuances in the parliamentary decision-making process, Al-Mamlaka TV reported.

The approval comes following endorsement by the Parliamentary Committee for Public Services and Transport of the law ratifying the amended agreement between the Jordanian government, represented by the Ministry of Transport (MoT), and the Airport International Group (AIG) for 2024.

This legislative move is aligned with the Economic Modernization Vision (EMV), underscoring Jordan's commitment to fostering a conducive investment climate and ensuring operational stability in the aviation and air cargo sectors.

QAIA is Jordan's primary air carrier, serving as a key gateway that projects the country's image on the global stage.

Minister of State for Legal Affairs Nancy Namrouqa clarified the rationale behind introducing new law amendments. These modifications aim to fortify Jordan's investment climate and sustain operational stability in the aviation and air cargo sectors.

One of the primary concerns addressed by the amendments is the extension of the investor's tenure to ensure the sustainable and continuous operation of the airport.

The investor faced significant challenges amid the COVID-19 pandemic, resulting in the airport's seven-month closure, causing project delays and substantial losses.

The amended agreement specifically alters section 3.1 of the rehabilitation, expansion, and operation agreement, setting the initial duration at 30 years from the effective date, with provisions for extension and/or termination outlined within the agreement.

The enactment of this law underscores Jordan's commitment to fostering economic growth and stability, as outlined in Article 117 of the Jordanian Constitution.

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