Jordan is offering mining sites in the southern Aqaba areas with large mineral deposits, targeting investments from local and foreign sectors. A budget of 700,000 Jordanian dinars is allocated for exploration, with the goal of boosting the mining sector’s GDP contributions from JOD 700 million in 2024 to JOD 2.1 billion by 2033.
Jordan is presenting multiple mining opportunities for investors in its southern Aqaba region, which is believed to host substantial mineral deposits. The Energy and Mineral Resources Ministry has released a report detailing various areas available for investment from both local and international private sectors. Previous surveys, notably those conducted in 1994 and subsequent years, indicated the presence of valuable metals such as zinc, copper, lead, iron, and tin in these zones.
For the 2025 budget, the Jordanian government has earmarked approximately 700,000 Jordanian dinars (around $980,000) specifically for mineral exploration initiatives in the southern regions. This funding aims to stimulate interest and attract bids from potential investors in the mining sector. The report outlines Jordan’s objective to significantly enhance the mining sector’s contribution to the national GDP, targeting an increase from JOD 700 million ($980 million) in 2024 to approximately JOD 2.1 billion ($2.9 billion) by 2033.
In summary, Jordan is actively promoting its southern mining prospects to attract investment by highlighting its rich mineral deposits. With a budget allocation supporting exploration and a strategic goal to expand the mining sector’s economic contribution, the country positions itself as a favorable destination for mining investments. The initiatives reflect an ambitious vision for economic growth through mineral resource development.
Original Source: www.zawya.com
