His Majesty the King and Abu Dhabi Crown Prince Witness Groundbreaking of Aqaba-Shidiya-Ma'an Railway Project
October 07, 2026
His Majesty King Abdullah II and His
Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu
Dhabi and Chairman of the Abu Dhabi Executive Council, witnessed the laying of
the foundation stone for the Aqaba-Shidiya-Ma'an Railway Project, one of the
most prominent rail transport projects in Jordan.
The project is the Social Security
Investment Fund's (SSIF) first investment in the rail transport sector, through
a 7% stake in the project company. This investment is part of a broader approach
to exploring future investment opportunities in the national railway network.
The importance of this investment
goes beyond its direct impact to include its indirect effects, particularly
given SSIF's investments in strategic companies such as the Jordan Phosphate
Mines Company and the Arab Potash Company. The project is expected to lower
transportation costs, raise operational efficiency and improve logistics
services. It is also expected to reduce the environmental impact of
conventional heavy transport.
SSIF's participation in such
projects alongside strategic investors from Jordan and the brotherly United
Arab Emirates adds significant value on more than one level: for the Fund, for
the national economy and for the project itself, by enhancing efficiency and
the integration of roles.
