Jordan Invites Investment in Southern Mining Projects Amid Mineral Wealth

Jordan is offering various mining projects in the Southern Aqaba areas, which contain large mineral deposits. The Energy and Mineral Resources Ministry’s report indicates rich resources in metals such as zinc, copper, lead, and iron. The government has allocated JOD 700,000 in the 2025 budget to promote mining investments, targeting an increase in sector contribution to JOD 2.1 billion by 2033.

Jordan is actively seeking investors for several mining projects located in the Southern Aqaba areas. The Energy and Mineral Resources Ministry has published a report outlining areas open for investment, indicating that these regions possess significant mineral deposits. Notably, surveys from 1994 and subsequent years identified rich resources of zinc, copper, lead, iron, tin, and other metals available for extraction. To promote investment, the government has allocated approximately 700,000 Jordanian dinars (around $980,000) in the 2025 budget specifically for mineral exploration in these regions.

The Jordanian government aims to significantly boost the mining sector’s contribution to the national economy, targeting an increase to nearly JOD 2.1 billion (approximately $2.9 billion) by 2033. This is a considerable rise from the current value of around JOD 700 million ($980 million) expected in 2024. By offering these opportunities, Jordan hopes to attract both local and foreign investors to participate in the mining sector and aid in its economic growth.

Jordan is presenting substantial opportunities for investment in its Southern mining regions, with a focus on diversifying mineral extraction. The government’s commitment, highlighted by the allocated budget and ambitious economic goals, reflects a strategic effort to enhance the mining sector’s role in the country’s economy. By attracting both domestic and international investors, Jordan aims to transform its mineral wealth into a vital economic driver.

Original Source: www.zawya.com