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Jordan

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

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Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 22.0 23.8 26.4 28.9 31.0 33.9 36.5
GDP per capita ($) 3,757 3,987 4,326 4,618* 4,843 5,174 5,456
Real GDP growth (annual change, %) 7.2 5.5 2.3 2.6 2.7 3.3 3.5
Government revenue (% of GDP) 30.1 26.5 24.9 26.4 23.0 25.3 27.4
Government total expenditure (% of GDP) 34.4 35.0 30.4 33.2 31.2 30.6 31.8
Total government debt (gross, % of GDP) 60.2 64.8 67.1 70.7 80.2 87.7 91.3
Current account balance (% of GDP) -9.3 -3.3 -5.3 -12.0 -18.1 -11.0 -12.9
Value of oil imports 3.7 2.5 3.4 5.5 6.4 5.9 5.8
Value of oil exports 0 0 0 0 0 0 0
Inflation (%) 13.9 -0.7 5.0 4.4 4.6 5.5 3.0
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

Jordan trends

Regional backing: King Abdullah’s GCC support means he can resist calls for reform from the West

Jordan's king plays a clever hand Subscription

14 August 2014 | By James Gavin

King Abdullah’s small political concessions have calmed domestic social unrest and have prevented Jordan from plunging into crisis

Aqaba port, Jordan

Amman advances with flagship projects Subscription

14 August 2014 | By Richard Nield

Jordan has made good progress with its ports and airports expansions, but its rail ambitions have gone unmet

According to government figures, Syrian refugees make up 13 per cent of Jordan’s population

Overseas funding supports economic recovery in Jordan Subscription

14 August 2014 | By Richard Nield

Despite the conflicts raging in neighbouring countries, Jordan has been able to revive its economy using external funding and monetary policy reform

Nuclear turbine

The high costs of the nuclear option Subscription

7 August 2014 | By

The region’s major economies have turned to nuclear power to address future energy shortages, but there are many hurdles to be overcome if they are to realise their atomic energy ambitions

Financing nuclear power will provide a stiff challenge for Jordan

Jordan's nuclear programme Subscription

7 August 2014 | By

Amman has made progress with its plans, but faces some difficult challenges to reach its goal of generating one-third of its power needs via nuclear by 2030

World map of phosphate production and consumption

Supplying fertilisers to the world Subscription

4 August 2014 | By

The Middle East’s burgeoning phosphates fertiliser sector is dominated by Morocco and Saudi Arabia

Middle East contracts awarded June 2014

Middle East contracts awarded: June 2014 Subscription

31 July 2014

Over $6bn of contracts awarded in June in the Middle East

Jordan Municipal water sector

Timetable set out for Jordan's Red-Dead water project Subscription

17 July 2014 | By Bernadette Ballantyne

With Syrian refugees putting further pressure on water supplies in Jordan, the pilot phase of the long awaited Red Sea-Dead Sea water conveyance project is finally moving ahead

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MEED comment

Pylon

Energy key to Jordan’s security

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

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

Jordan

Jordan closes in on autonomy Subscription

9 January 2014 | By

Amman has realised the need for energy independence and is making progress on renewable, nuclear and shale oil schemes

Ambition: Jordan is unwavering in its nuclear plans

Reviving the nuclear debate in Jordan Subscription

7 November 2013 | By

Amman’s persistence in pushing ahead with its programme shows nuclear power can still play a huge role in providing energy to the region

Renewable energy: A top priority for Amman

Jordan moves on renewable power Subscription

17 October 2013

Amman’s need to reduce its reliance on gas imports is stimulating solar and wind power projects investment

Pipeline

Iraq pipeline plans delayed

10 October 2013 | By

Government approvals are holding up a planned export pipeline linking Iraq to Jordan, but a fall in oil revenues could add fresh impetus to the scheme

More MEED commentary

Special reports

Amman, the capital of Jordan

Jordan: Wider unrest leaves fiscal recovery in balance

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

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 The Red Sea Astrarium Construction 1,550
2 Amman IPP (IPP3) Power 552
2 Al Manakher Power Plant: IPP4 Power 552
4 Attarat Um Ghudran Power Plant Power 540
5 Abdali Mall Construction 441
6 Saraya Aqaba: Phase 1: Jumeirah al-Qalaa & Qasr al-Aqaba Construction 400
7 Aqaba New Port: Grain Terminal Industrial 320
8 Royal University for Medical Sciences Construction 300
9 Tafila Wind Farm Power 280
10 Caustic Soda and Chlorine Plant Expansion Chemical 250
Click through to the full data table on Jordan's biggest projects in construction
Click through to MEED's Q1 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: April 2014; All projects are in execution

Tenders

Jordan: Water storage tank Subscription

8 August 2014 | By

Turnkey design, supply, construction, testing and commissioning of a 9,000-cubic-metre atmospheric water storage tank

Jordan: Gasoline Subscription

7 August 2014 | By

Supply of gasoline

Jordan: Solar PV projects Subscription

7 August 2014 | By

Carrying out solar photovoltaic (PV) projects

Jordan: Insulators and fittings Subscription

7 August 2014 | By

Supply of insulators and fittings for overhead power transmission lines

Jordan: National inspection reform strategy Subscription

24 July 2014 | By

Provision of short-term e-consultancy services providing assistance in the implementation of a business inspection feedback application

Jordan: BOP inverters and battery charger parts Subscription

17 July 2014 | By

Supply of basic operator panel (BOP) inverters and battery charger spare parts

Jordan: Water treatment parts Subscription

17 July 2014 | By

Description: Supply of water treatment spare partsClosing date: 5 August 2014Bid bond: JD1,200Tender no.: 37/2014Cost of tender documents: JD25Client: Samra Electric Power Generating Company (Sepco)Address: Jabal Amman Third Circle, PO Box 1885, Amman 11821Phone: ...

Jordan: DCS control cards Subscription

17 July 2014 | By

Supply of distributed control system (DCS) control cards

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Project awards

First Solar wins Shams Maan photovoltaic plant contract

First Solar wins Jordan plant contract Subscription

6 August 2014 | By

US firm will build 52.5MW Shams Maan photovoltaic plant

Jordan signs agreements for initial renewables round Subscription

10 June 2014 | By

12 developers will build and operate photovoltaic power plants in Jordan

Drake & Scull wins contracts in Jordan Subscription

1 June 2014 | By

Work involves providing engineering services at Saraya Aqaba development

OHL selected for Jordan strategic reserves terminal Subscription

19 May 2014 | By

Spanish company OHL to build $165m petroleum products storage facility near Amman

Jordan awards 52.5MW solar plant contract Subscription

24 March 2014 | By

Jordanian photovoltaic solar plant will be built under a 20-year power purchase agreement

Jordan selects contractors for water pipelines Subscription

18 March 2014 | By

Two more contracts to be awarded in the second quarter

Trina Solar awarded power contract in Jordan Subscription

17 March 2014 | By

Chinese firm Trina Solar will install 2MW solar panels for Jordan food supplier

Companies

The Housing Bank for Trade and Finance logo

Housing Bank for Trade and Finance Subscription

The Housing Bank for Trade and Finance, established in 1973, is to provide housing finance in Jordan.

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People

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