Majali shores up Jordan Phosphate Mines Company with $1.55 billion strategic plan

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Home Business Majali shores up Jordan Phosphate Mines Company with $1.55 billion strategic plan 19-02-2014 11:55 AM Ammon News - AMMONNEWS - The Jordan Phosphate Mines Company (JPMC) will establish $1.55 billion worth of joint Arab and foreign ventures as part of its strategic plan, according to Chairman Amer Majali. In a statement on Tuesday, he noted that these projects are intended to gradually raise the production of phosphate by 50 per cent until 2018, of which 30 per cent will be raised by the end of this year. Majali indicated that this year will witness a “positive” change that will be reflected on the company’s financial statement based on an expansion plan that will 5,000 jobs. *Jordan Times

Home Business

Majali shores up Jordan Phosphate Mines Company with $1.55 billion strategic plan

19-02-2014 11:55 AM

Ammon News - AMMONNEWS - The Jordan Phosphate Mines Company (JPMC) will establish $1.55 billion worth of joint Arab and foreign ventures as part of its strategic plan, according to Chairman Amer Majali.

In a statement on Tuesday, he noted that these projects are intended to gradually raise the production of phosphate by 50 per cent until 2018, of which 30 per cent will be raised by the end of this year.

Majali indicated that this year will witness a “positive” change that will be reflected on the company’s financial statement based on an expansion plan that will 5,000 jobs.

*Jordan Times

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