Jordan's Aqaba Development Corporation partners with APM Terminals in a $242M deal to expand Aqaba Container Terminal capacity to 1.7M TEUs by 2030.

Jordan's Aqaba Development Corporation has partnered with APM Terminals in a $242 million deal to develop and manage the Aqaba Container Terminal. This investment aims to increase the terminal's capacity to over 1.7 million TEUs by 2030, enhancing Jordan's trade competitiveness and attracting foreign investments. The project also focuses on reducing carbon emissions, aligning with Jordan's goal of achieving carbon neutrality by 2040.

October 09, 2024
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