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18 April 2024

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Gov't: $10 billion package of major projects over 3–4 years

16-09-2026 11:50 AM


Ammon News - Industry, Trade and Supply Minister Yarub Qudah said that the government plans to launch major projects worth around $10 billion in partnership with the private sector over the next three to four years.

The investment pipeline covers water, energy, transport, infrastructure and public services, with projects intended to stimulate private investment and generate employment.

Among them are the National Water Carrier and a natural gas pipeline linking the Risha gas field with different parts of the Kingdom.

Qudah said the pipeline, coupled with continued exploration around Risha, is expected to help raise natural gas self-sufficiency to around 80 percent by 2028.

He also cited Airport City as a strategic development intended to create an integrated urban and economic hub for housing, employment and investment while accommodating urban expansion and easing pressure on Amman.

Qudah said the government aims to sustain the positive economic trajectory by expanding exports, attracting investment and strengthening private-sector participation under the Economic Modernization Vision.




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