The joint venture represents the first Public Private Partnership (PPP) initiative launched by ADC as part of its programme to rehabilitate and expand the Port of Aqaba and the wider logistics and transport infrastructure of the Aqaba Special Economic Zone (ASEZ).
Over the last three years, more than US$100m has been invested in the terminal and the action plan for the years 2009-2013 calls for further investment of US$275m taking total investment to US$375m by the end of 2013.
Continued expansion in containerised cargo trade is projected for Jordan, with the continued development of logistics facilities in ASEZ and the further containerisation of commodities such as rice and sugar.
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