AMMAN — Aqaba
Development Corporation CEO Hussein Safadi signed a memorandum of understanding
with APM Terminals CEO Keith Svendsen, aiming to make Aqaba a regional
logistics hub through a direct investment of $242 million.
اضافة اعلان
The memorandum
seeks to modernize the port of Aqaba, make it use renewable energy for its
operations, and enhance the port management competency of Jordanians, in
preparation for an anticipated increase in maritime trade and shipping in this
southern Jordanian city.
Under the
memorandum, a training college will be established under the supervision of
“Maersk International” with the aim of training Jordanian youths, and
qualifying them to work in the regional and global port system.
It will be the first
college of its kind and thus contribute to Aqaba playing a regional logistical,
educational, and commercial role.
Following the
signing of the memorandum, a conference on the vision for the Aqaba port of the
future was held in Amman, bringing together several ministers.
They were namely
Minister of State for Government Follow-up and Coordination Nawaf Al-Tal,
representing Prime Minister Bisher Al-Khasawneh, Minister of Investment Khairy
Amr, and Minister of Labor Nayef Istitieh. Others in attendance included
investors and stakeholders from several countries.
Amr said that the
government has made several legislative, regulatory, and institutional changes
that led to an improvement in the investment environment in the Kingdom, which
“enables us to attract foreign investment and stimulate domestic investments”.
He noted that the
Ministry of Investment came about as a realization of the Royal vision and
directives of His Majesty King Abdullah to improve the investment climate and
provide investors with quality services.
The investment
environment in Jordan is supportive and encouraging, said Amr, who added that
the government, together with the private sector, “always examines ways to
further facilitate investment in Jordan, through simplifying procedures, particularly
registration and licensing”, and improving the ministry services.
He said that
promoting trade is a key aspect of Jordan’s development policy.
“As a developing
country, increasing exports and maintaining a healthy balance of trade with its
trading partners are amongst the government’s most important goals,” he
elaborated.
The minister of
labor said that the seaport sector will need 100,000 skilled workers over the
next three years.
He pointed out that the
partnership with Maersk aims to boost the skills and competencies of young
people, instill the needed work ethics, and introduce modern technology in
training processes, in addition to designing and developing specialized
training programs.
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