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Jordan

Jordan news and analysis, tenders, contracts awarded, commentary and economic data

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Country data

Jordan
Jordan 2009 2010 2011 2012 2013 2014 2015f
Nominal GDP ($bn) 23.8 26.4 28.9 31.0 33.9 36.6* 39.3
GDP per capita ($) 3,987 4,326 4,619* 4,843 5,174 5,460 5,745
Real GDP growth (annual change, %) 5.5 2.3 2.6 2.7 2.9 3.5* 4.0
Government revenue (% of GDP) 26.5 24.9 26.4 23.0 24.0 28.3* 27.5
Government total expenditure (% of GDP) 35.0 30.0 33.2 31.5 35.4 38.6* 33.5
General government debt (gross, % of GDP) 64.8 67.1 70.7 80.2 85.8 90* 91.1
Current account balance (% of GDP) -3.3 -5.3 -12.0 -15.4 -9.8* -10.0 -6.9
Inflation (%) 2.7 6.1 3.3 6.5 3.3 2.5* 2.4
Population (millions) 6.0 6.1 6.3* 6.4 6.5 6.7 6.8
Unemployment (%) 12.9 12.5 12.9 12.2 12.2 12.2* 12.2
Click to see full economic data (2005 - 2019 forecast)
Source: International Monetary Fund, World Economic Outlook Database;
Last updated: February 2015; *=Estimate

Jordan trends

US-based GE’s distributed power business finds promising markets in areas of volatility

GE sees opportunity in instability Subscription

27 April 2015 | By

Firm’s CEO of distributed power talks about supply and generation challenges in region

Power and water

Region’s utility sector races to meet demand Subscription

30 October 2014 | By

With rapid population and industrial growth, the Middle East and North Africa is a key market for companies involved in the power and water sectors

Challenge: One barrier to developing alternative energy is the existence of fuel subsidies in the region

Region set to miss 2020 renewables target Subscription

30 October 2014 | By

Lack of regulatory frameworks holds back development of alternative energy in the Middle East and North Africa

Egypt has finally taken action on reducing electricity price subsidies

Egypt takes the plunge Subscription

22 October 2014 | By Bernadette Ballantyne

As Cairo finally takes action on reducing electricity subsidies, other regional states are feeling the pressure to step up their reform efforts as consumption continues to rise

Middle East contracts September 2014

Middle East contracts awarded: September 2014 Subscription

16 October 2014

Over $2bn of contracts awarded in September in the Middle East

Middle East contracts awarded August 2014

Middle East contracts awarded: August 2014 Subscription

14 October 2014

Over $3bn of contracts awarded in August in the Middle East

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MEED comment

Renewable energy

Renewables market hotspots taking off

23 April 2015 | By

Excitement over Egypt, but Saudi Arabia’s plans remain unclear

Renewables

Jordan’s renewables plan gains momentum Subscription

24 February 2015 | By

First phase projects move toward financial close

Pylon

Energy key to Jordan’s security Subscription

21 August 2014 | By

Amman has been forced to buy expensive fuel oil to meet the shortfall in gas supplies

Solar

Lesson of Jordan’s renewables delay Subscription

24 July 2014 | By

Amman’s alternative energy setback could prove a valuable lesson for the country and the wider region

Renewable energy

Jordan sets model for renewables Subscription

12 June 2014

Amman has progressed with 12 solar projects, paving the way for other countries in the region to follow suit

More MEED commentary

Special reports

Amman, the capital of Jordan

Jordan: Wider unrest leaves fiscal recovery in balance Subscription

14 August 2014

Jordan’s fragile economy faces more challenges as fallout from Iraq conflict adds to pressure from the civil war in Syria

Region: Political stability a must to be able to go nuclear

Nuclear: Backing key to plans Subscription

7 August 2014

The highly regulated nature and requirements of the nuclear power industry means foreign support is key to the region’s ambitions

More Jordan special reports

Market presentations

Top 10 projects

Rank

Rank Project Name Sector Contract value ($m)
1 Attarat Um Ghudran Power Plant Power 2,200
2 The Red Sea Astrarium Construction 1,550
3 Port of Aqaba LPG Terminal Gas 800
4 Abdali Mall Construction 441
5 Saraya Aqaba: Phase 1: Jumeirah Al Qala'a & Qasr Al Aqaba Construction 350
6 Tafila Wind Farm Power 280
7 Caustic Soda and Chlorine Plant Expansion Chemical 250
8 Andalucia Village Construction 212
9 Saraya Abdali W Amman Hotel Construction 200
10 Upgrade of Az Zarqa / Al-Azraq- Al-Oumary Road Section 1 Transport 198
Click through to the full data table on Jordan's biggest projects in construction
Click through to MEED's Q4 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: April 2015; All projects are in execution

Tenders

Jordan: Slaughterhouse project Subscription

27 April 2015 | By

Carrying out a slaughterhouse project

Jordan: Waste-to-energy facility Subscription

27 April 2015 | By

Design, build, operate and transfer (DBOT) of a solid waste-to-energy facility

Jordan: Fire alarm system spares Subscription

27 April 2015 | By

Supply of spare parts for fire alarm systems

Jordan: Fire-fighting system spares Subscription

27 April 2015 | By

Supply of spare parts for a fire-fighting system

Jordan: Electrical actuators Subscription

27 April 2015 | By

Supply of electrical actuators

Jordan: Fuel nozzle repair kits Subscription

27 April 2015 | By

Supply of repair kits for fuel nozzles

Jordan: Control system spares Subscription

27 April 2015 | By

Supply of spare parts for control systems

Kuwait: Waste disposal services (10) Subscription

20 April 2015 | By

Provision of cleaning, internal transport and waste disposal services

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Project awards

Red Sea, Jordan

Jordan inks LNG supply deal with Shell Subscription

29 January 2015 | By

Kingdom to import enough gas to meet quarter of national electricity demand

Companies

Rubicon Group Holding Subscription

Jordan based Rubicon Group Holding is active across entertainment, themed entertainment, digital media, licensing and merchandising, as well as technology

Karak International Oil Subscription

Karak International Oil (KIO) is a Jordanian mining and oil shale processing company

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People

Safwan Moubaydeen Subscription

28 January 2015

Safwan Moubaydeen is managing partner at Dentons in Amman, Jordan and Doha, Qatar

See all Jordan biographies


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