Jordan is opening mining projects in the South Aqaba region to both local and international investors, highlighting significant mineral deposits including zinc, copper, and lead. The government has allocated 700,000 Jordanian dinars in the 2025 budget for exploration to attract bidders. The aim is to increase the mining sector’s GDP contribution to 2.1 billion Jordanian dinars by 2033.
Jordan is presenting several investment opportunities in mining projects situated in the South Aqaba region, known for its substantial mineral deposits. The Energy and Mineral Resources Ministry has disclosed a report that outlines areas available for investment by both local and international private sector entities. Notably, previous surveys conducted since 1994 have indicated a wealth of minerals including zinc, copper, lead, iron, and tin in these locations.
To promote engagement from investors, the government has allocated approximately 700,000 Jordanian dinars (equivalent to $980,000) in the 2025 budget specifically for mineral exploration in the Southern regions. This funding will serve as an incentive for potential bidders interested in exploiting the mineral wealth of the area.
The Jordanian government aims to significantly enhance the mining sector’s contribution to the national Gross Domestic Product (GDP), projecting an increase to around JOD 2.1 billion (approximately $2.9 billion) by the year 2033. This is a marked rise from the current contribution of approximately JOD 700 million (or $980 million) expected in 2024, reflecting the government’s commitment to developing its mining capabilities.
In summary, Jordan is actively seeking investment in its Southern Aqaba mining projects, supported by substantial government funding for exploration efforts. The goals set forth by the government aim to drastically elevate the sector’s contribution to the national economy within the next decade, showcasing Jordan’s commitment to capitalizing on its rich mineral resources.
Original Source: www.zawya.com
