Jordan's Prime Minister Unveils Ambitious Economic Plan and Infrastructure Projects
Key Ideas
  • Prime Minister Hassan presented a detailed economic roadmap to Parliament, emphasizing the importance of modernization for Jordan's stability and prosperity.
  • Key initiatives include water resource efficiency improvements, wastewater treatment expansion, transportation infrastructure enhancement, green hydrogen and renewable energy projects, industrial development, and mining sector agreements.
  • The plan aims to increase treated water capacity, connect key industrial areas with natural gas infrastructure, double the number of factories, and create opportunities for youth employment through private sector partnerships.
  • The government also commits to raising minimum wages in line with inflation rates and ensuring timely project implementation through daily monitoring.
Prime Minister Jafar Hassan of Jordan presented an extensive economic vision to Parliament, stressing the significance of economic modernization for the country's stability and future prosperity. The plan includes various initiatives in different sectors: - In the water sector, projects for improving water resource efficiency, expanding water harvesting with new reservoirs and dams, and enhancing wastewater treatment capacity were highlighted. - Transportation infrastructure improvements involve the National Railway project linking Aqaba Port with industrial facilities, as well as expanding the rapid transit bus system in Amman and Zarqa. - The energy sector transformation features plans for green hydrogen and ammonia production, alongside renewable energy expansion through solar and wind projects. - Industrial development focuses on extending natural gas infrastructure to industrial zones, with projections to double the number of factories in key areas. - The mining sector will see agreements for various minerals, supported by tax exemptions and incentives for different sectors. The economic plan aims to create opportunities for youth employment, raise minimum wages in line with inflation, and ensure the timely delivery of projects. The partnership with the private sector is highlighted for its crucial role in strengthening Jordan's economy. The government's commitment to supportive decisions and stable legislation to drive economic development was emphasized, with Parliament evaluating the comprehensive economic program through confidence vote proceedings.
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