Ammon News - Minister of Industry, Trade, and Supply and Minister of Labor Yousef Shamali and Iraqi Minister of Industry and Minerals Khaled Battal Al-Najm on Sunday announced a tender to set up a joint Jordanian-Iraqi economic city on the two countries' common border.

The tender includes finalizing studies, designs and engineering matters as well as drawing up plans on the economic city's development, financing, management, investment, promotion, operation and maintenance.

The Iraqi-Jordanian Company for Industry, which will carry out the project, called on interested international parties specialized in the construction of economic cities, development zones and free zones to bid.

The ministers said the project is key to bolster bilateral economic cooperation, achieve development and integration in a number of fields, provide job opportunities, attract investments and revitalize a host of sectors.

They pointed out that the project was the fruit of summits between His Majesty King Abdullah II, Iraq's Prime Minister and Egypt's president, whose main focus was economic cooperation and addressing challenges related to food security, supply chains and economic productivity.