Jordan seeks developers for Aqaba port

30 June 2008
The Aqaba Development Corporation has called for expressions of interest from developers to build and operate the new port at Aqaba.

Built under a 30-year public private partnership, the new port will be situated in Aqaba’s Southern Industrial Zone, and will consist of three terminals - a cargo and roll-on roll-off terminal, a grain terminal, and a ferry terminal.

Aqaba is Jordan’s only marine gateway and the move to the industrial zone will provide greater space to develop a world-class port and logistics hub.

The Aqaba Development Corporation expects to select a preferred bidder for the contract by the end of this year.

Meanwhile, the old port and surrounding area is to be redeveloped into a waterfront residential and leisure area. The Abu Dhabi consortium Al-Ma'abar was recently appointed to conduct the redevelopment, with an expected investment of $5bn.

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