Jordan is inviting investors to explore several mining sites in southern Aqaba, revealing large mineral deposits. The government has earmarked approximately 700,000 Jordanian dinars for exploration in 2025, aiming to boost the mining sector’s GDP contribution significantly by 2033. Historical surveys suggest abundant resources, encouraging local and international investment.
Jordan is actively promoting various mining opportunities in its southern Aqaba region, known for substantial mineral reserves. The Energy and Mineral Resources Ministry has released a report identifying multiple sites that are available for investment from both local and international private sectors. Historical surveys conducted since 1994 indicate these areas are abundant in valuable minerals such as zinc, copper, lead, iron, and tin, among others.
To stimulate investor interest, the Jordanian government has allocated approximately 700,000 Jordanian dinars (around $980,000) in its 2025 budget for mineral exploration in southern regions. This financial commitment aims to encourage competition among potential bidders. The Ministry’s report also outlines a strategic goal for the mining sector to increase its GDP contribution from roughly JOD 700 million ($980 million) in 2024 to an ambitious JOD 2.1 billion ($2.9 billion) by 2033.
In conclusion, Jordan’s focus on expanding its mining sector presents significant investment opportunities in the southern Aqaba region, characterized by rich mineral deposits. With financial support for exploration and an ambitious growth target, the government is positioning itself to increase the sector’s economic contribution substantially over the next decade. This initiative may attract both local and foreign investors, enhancing Jordan’s mining capabilities.
Original Source: www.zawya.com