Jordan is offering mining sites in the southern Aqaba region to attract local and foreign investors. A government report highlights these areas’ rich mineral deposits, including zinc, copper, lead, and tin. The government has allocated around 700,000 Jordanian dinars for mineral exploration in 2025 and aims to boost the mining sector’s GDP contribution significantly by 2033.
Jordan is actively promoting several mining sites located within its southern Aqaba region, believed to hold significant mineral deposits. The Ministry of Energy and Mineral Resources has released a report detailing these areas, which are now available for investment from both local and foreign entities. Historical surveys conducted since 1994 suggest that these sites are abundant in valuable metals such as zinc, copper, lead, iron, and tin.
To stimulate investor interest, the Jordanian government has allocated approximately 700,000 Jordanian dinars (around $980,000) in the 2025 budget specifically for mineral exploration activities in the southern regions. This financial commitment aims to encourage competitive bidding among potential investors and enhance the region’s economic prospects.
The report indicates an ambitious goal for the mining sector, targeting a significant increase in its contribution to the national GDP. Jordan aims to elevate this contribution to approximately JOD 2.1 billion (about $2.9 billion) by the year 2033, up from an estimated JOD 700 million ($980 million) in 2024. This strategic initiative reflects the country’s dedication to expanding and modernizing its mining industry.
In summary, Jordan’s initiative to promote mining projects in its southern Aqaba region signals a concerted effort to attract investment in mineral exploration. With substantial government funding earmarked for this sector and ambitious growth targets set for the future, Jordan showcases its potential as a burgeoning hub for mining activities. Investors are encouraged to seize the opportunity to engage in these promising ventures.
Original Source: www.zawya.com