AMMAN — The
Jordan Phosphate Mines Company (JPMC) and
Turkish Transpet Petroleum and Energy signed an agreement on Monday to build a
joint phosphoric acid plant in the Sheidiya region of Maan Governorate.
اضافة اعلان
The new plant will have produced 165,000 tonnes of P2O5
annually.
It is expected to play a key role in meeting the growing
demand for phosphates, both domestically and internationally, creating 300 jobs
in the region and generating significant revenue for the local economy, the
Jordan News Agency, Petra, reported.
Strengthening relationshipsChairman of JPMC board of director, Muhammad Thunaibat, and
Ramazan Ozturk, chairman of the Turkish company’s board of directors, both
signed the deal and stressed the importance to foster and enhance cooperation
between both countries.
Thunaibat stated that JPMC is eagerly anticipating the new
partnership with the Turkish Transept, which will lead to the exchange of
experiences, particularly in the field of the phosphate fertilizers industry.
He added that it will also lure more Turkish investments to Jordan.
"JPMC has a bold goal to grow the
manufacturing sector, diversify its
revenue streams, increase production and sales to international markets, and
open up new markets," he said.
He highlighted that this agreement with the Turkish firm is in addition to a
number of agreements JPMC has made with other foreign counterparts involved in
the phosphate and phosphate fertilizer industry, in order to strengthen its
position at the local, regional, and international levels.
Osturk praised the agreement for helping to strengthen relationships between
institutions and businesses in the public and private sectors of Jordan and
Turkey.
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